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LEVY v. EMPIRE INSURANCE COMPANY

No. 23976.

379 F.2d 860 (1967)

Meyer LEVY, Trustee of the Pearl Moltack Trust, Appellant, v. EMPIRE INSURANCE COMPANY, Appellee.

United States Court of Appeals Fifth Circuit.

Rehearing Denied August 10, 1967.

Attorney(s) appearing for the Case

LeRoy C. Hobbs, Atlanta, Ga., for appellant.

W. Stell Huie, Atlanta, Ga., Huie, Etheridge & Harland, Atlanta, Ga., for appellee.

Before TUTTLE, Chief Judge, AINSWORTH, Circuit Judge, and FULTON, District Judge.

AINSWORTH, Circuit Judge:

Appellant, Meyer Levy, filed this suit as trustee of the Pearl Moltack Trust against the Empire Insurance Company for the sum of $10,000, plus unpaid interest of $1,470, claimed to be due by defendant as the consequence of a purchase of certain Subordinated Convertible 7% Debentures issued to purchaser by United Southern Companies, Inc., now a bankrupt. Appellant claimed that the debentures were...

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