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IN RE GIBRALTOR AMUSEMENTS, LTD.

No. 319, Docket 26812.

291 F.2d 22 (1961)

In the Matter of GIBRALTOR AMUSEMENTS, LTD., Bankrupt-Appellant, and The Wurlitzer Company and Wurlitzer Acceptance Corporation, Petitioning Creditors, Appellees.

United States Court of Appeals Second Circuit.

Decided May 24, 1961.

Attorney(s) appearing for the Case

George Becker, New York City, for bankrupt-appellant.

Edward R. Neaher, New York City (Chadbourne, Parke, Whiteside & Wolff, New York City and Charles J. Prentiss, New York City, on the brief), for Wurlitzer Co. and Wurlitzer Acceptance Corp., appellees.

Before MOORE, FRIENDLY and SMITH, Circuit Judges.

J. JOSEPH SMITH, Circuit Judge.

Gibraltor Amusements, Ltd., the alleged bankrupt, is the operator of numerous "Juke Box" routes on Long Island. The Wurlitzer Company, principal creditor of the alleged bankrupt for a sum exceeding $1,000,000, filed an involuntary petition in bankruptcy against Gibraltor in March of 1960. The petition alleged insolvency, numerous acts of bankruptcy and that the debtor had fewer than twelve creditors. Gibraltor's answer denied the claimed...

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