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BROUNER v. SELIGSON

No. 39, Docket 33423.

416 F.2d 705 (1969)

Samuel B. BROUNER, Appellant, v. Charles SELIGSON, as Trustee in Bankruptcy of Ira Haupt & Co., Appellee. In the Matter of Ira Haupt & Co., a Limited Partnership, Bankrupt.

United States Court of Appeals Second Circuit.

Decided October 6, 1969.

Attorney(s) appearing for the Case

Murray H. Paloger, New York City, for appellant.

Harvey R. Miller, New York, N. Y. City (Seligson & Morris and Jeffrey L. Zivyak, New York City, on the brief), for appellee.

Before MOORE, HAYS and ANDERSON, Circuit Judges.

PER CURIAM:

On May 29, 1963, Office Decorators, Inc., a corporation wholly owned by Samuel B. Brouner, purchased office furniture from Ira Haupt & Co. with a loan from Chemical Bank New York Trust Company and leased it back to Haupt. A security deposit of $13,125 was given to Office Decorators by Haupt pursuant to a supplement to the lease agreement. This security deposit was commingled with other funds in Office Decorators' general bank account. It was never...

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