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IN RE WISCONSIN BUILDERS SUPPLY CO.

No. 11706.

239 F.2d 649 (1956)

In the Matter of WISCONSIN BUILDERS SUPPLY CO., Bankrupt. Paul L. MOSKOWITZ, Receiver of Wisconsin Builders Supply Co., Appellant, v. George D. PRENTICE, Jr., Trustee of Wisconsin Builders Supply Co., Appellee.

United States Court of Appeals Seventh Circuit.

Rehearing Denied February 4, 1957.

Attorney(s) appearing for the Case

Arthur Magidson, Emil Hersh, Milwaukee, Wis., Frank K. Levin, Frederick Hersh, Alvin R. Meyer, Milwaukee, Wis., of counsel, for appellant.

Robert D. Jones, Milwaukee, Wis., Patrick T. Sheedy, Milwaukee, Wis., of counsel, for appellee.

Before FINNEGAN, SWAIM and SCHNACKENBERG, Circuit Judges.

SWAIM, Circuit Judge.

Chapter 128 of the Wisconsin Statutes (1951), regulates general assignments for the benefit of creditors and also contains provisions relating to involuntary proceedings against insolvent debtors. This appeal raises the question of whether the voluntary provisions of that chapter which relate to general assignments conflict with the National Bankruptcy Act, 11 U.S.C.A. § 1 et seq., and are therefore suspended while the federal law is operative...

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