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DIXON MILLS, INC. v. DIXON NATIONAL BANK OF DIXON, ILLINOIS

No. 15199.

357 F.2d 169 (1966)

In the Matter of Dixon Mills, Inc., Bankrupt. DIXON MILLS, INC., Appellant, v. DIXON NATIONAL BANK OF DIXON, ILLINOIS et al., Appellees.

United States Court of Appeals Seventh Circuit.

February 16, 1966.

Attorney(s) appearing for the Case

William E. Schirger, Rockford, Ill., Gerald T. Flynn, William R. Stroemer, Racine, Wis., for appellant.

Jerome F. Dixon, Chicago, Ill., Warren H. Badger, Dixon, Ill., J. Richard Hull, Fairbury, Ill., George K. Ray, Luke R. Morin, Dixon, Ill., for appellees.

Before HASTINGS, Chief Judge, and KNOCH and SWYGERT, Circuit Judges.

KNOCH, Circuit Judge.

A petition in bankruptcy for Dixon Mills, Inc., the named appellant, was filed by Nelson Rittenhouse as "sole stockholder." Mr. Rittenhouse claims to be the equitable owner of 100% of the capital stock of Dixon Mills. He alleges that he acquired this stock on his own behalf and on behalf of the creditors of Dixon Mills from George Wassenaar, the former owner by an assignment dated December 2, 1964, unaccompanied by the stock certificate itself...

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