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ASSOCIATED ELEC. SUP. CO. OF OMAHA v. C. B. S. ELEC. S. CORP.

No. 16592.

288 F.2d 683 (1961)

ASSOCIATED ELECTRONIC SUPPLY CO. OF OMAHA, Alleged Bankrupt, Appellant, v. C. B. S. ELECTRONIC SALES CORPORATION, Appellee.

United States Court of Appeals Eighth Circuit.

April 13, 1961.

Attorney(s) appearing for the Case

Donald P. Lay, Omaha, Neb., for appellant, Kenneth Arnold, Kansas City, Mo., on the brief.

Fremont Meyers, Omaha, Neb., for appellee.

Before SANBORN, VAN OOSTERHOUT and MATTHES, Circuit Judges.

SANBORN, Circuit Judge.

The C. B. S. Electronic Sales Corporation, of Danvers, Massachusetts, on April 11, 1960, filed an involuntary petition in bankruptcy against Associated Electronic Supply Co., of Omaha, (hereafter referred to as "Associated" or "appellant") in the United States District Court for the District of Nebraska. The petitioner alleged that the creditors of Associated were less than twelve in number; that it owed debts in excess of $1,000; that the...

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