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IN RE STERLING-HARRIS FORD, INC.

Nos. 13757-13758, 13871.

315 F.2d 277 (1963)

In the Matter of STERLING-HARRIS FORD, INC., Bankrupt. Leroy SILVERSTEIN and George Harris, Respondents-Appellants, v. Craig PHELPS, Petitioner-Appellee.

United States Court of Appeals Seventh Circuit.

Rehearing Denied April 16, 1963.

Attorney(s) appearing for the Case

Julius Lucius Echeles, Frank W. Oliver, Chicago, Ill., for respondents-appellants.

Burton E. Ericson, John H. Bishop, Chicago, Ill., for appellee.

Before SCHNACKENBERG, KNOCH and SWYGERT, Circuit Judges.

SWYGERT, Circuit Judge.

This appeal involves turnover orders against Leroy Silverstein and George Harris, respondents-appellants. The matter arises out of a bankruptcy proceeding against Sterling-Harris Ford, Inc.

The turnover petition, filed on May 11, 1961, alleged that Sterling-Harris Ford, Inc. was adjudged a bankrupt on March 15, 1961; that at the time the petition for bankruptcy was filed, March 13, 1961, the bankrupt had $25,000 in a commercial bank...

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