RYAN v. JONES

No. 10821.

92 F.Supp. 308 (1950)

RYAN et al. v. JONES.

United States District Court E. D. Pennsylvania.

July 13, 1950.


Attorney(s) appearing for the Case

Wexler & Weisman, Philadelphia, Pa., for trustees.

James F. McMullan and Robert N. Ferrer, Philadelphia, Pa., for defendant.


McGRANERY, District Judge.

This suit was brought by the trustees in bankruptcy against a former director to recover the sum of $33,000 representing corporate funds alleged to have been fraudulently diverted by the bankrupt corporation to the defendant. The amended complaint avers that the defendant invested $33,000 for shares of stock in the corporation, and that subsequently transfers totaling that sum were made to him by the corporation, amounting to a return of...

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