DEHNE v. HILLMAN INVESTMENT CO.

No. 7215.

110 F.2d 456 (1940)

DEHNE v. HILLMAN INVESTMENT CO.

Circuit Court of Appeals, Third Circuit.

March 7, 1940.


Attorney(s) appearing for the Case

Carl D. Smith and Robert F. Barnett, both of Pittsburgh, Pa., for appellant.

Roy G. Bostwick, Lee W. Eckels, and Thorp, Bostwick, Reed & Armstrong, all of Pittsburgh, Pa., for appellee.

Before BIGGS, MARIS, and CLARK, Circuit Judges.


BIGGS, Circuit Judge.

Hillman Investment Company, the sole appellee, a Delaware corporation, owned all of the stock of Allegheny Bankshares, Inc. The stock of the appellee, in turn, was owned by the four individual defendants. In 1930, one of these, J. H. Hillman, Jr., purchased stock of the Central National Bank of Wilkinsburg. He later exchanged this for stock of the First National Bank of Wilkinsburg. In October, 1931, he transferred this stock to Allegheny Bankshares...

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