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IN RE KANSAS CITY JOURNAL-POST CO.

No. 12806.

144 F.2d 819 (1944)

In re KANSAS CITY JOURNAL-POST CO. BOSTIAN v. NEWMAN.

Circuit Court of Appeals, Eighth Circuit.

Rehearing Denied September 5, 1944.

Attorney(s) appearing for the Case

A. J. Granoff, of Kansas City, Mo. (Samuel W. Sawyer and Claude A. Ferguson, both of Kansas City, Mo., on the brief), for appellant.

Hugh H. Obear, of Washington, D. C. (James A. Reed, Robert J. Ingraham, and Burr S. Stottle, all of Kansas City, Mo., on the brief), for appellee.

Before GARDNER, JOHNSEN, and RIDDICK, Circuit Judges.

JOHNSEN, Circuit Judge.

This case involves an application of the principles which have been set out in No. 12,793, In re Kansas City Journal-Post Co. (Bostian v. Shapiro), 8 Cir., 144 F.2d 812, decided concurrently herewith, and which need not be repeated here.

The question is whether Newman, president of the bankrupt corporation, had a substantial adverse claim to $75,900 withdrawn by him from the corporation's bank account...

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