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IN RE ELFAST

No. 74235.

30 F.Supp. 819 (1939)

In re ELFAST

District Court, S. D. New York.

November 29, 1939.

Attorney(s) appearing for the Case

David W. Kahn, of New York City, for petitioning and intervening creditors.

Clarence C. Meleney, of New York City (John A. Anderson, of New York City, of counsel), for Henry C. Elfast.

MANDELBAUM, District Judge.

The alleged bankrupt and his co-partners, on the application of the Attorney General of the State of New York, were enjoined in the state court from selling securities and a receiver commonly known as a Martin Act receiver was appointed, pursuant to Section 353-a of the General Business Law of the State of New York, Consol. Laws N.Y.C. 20.

A creditor of the alleged bankrupt filed an involuntary petition in bankruptcy against the...

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