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AMERICAN NATIONAL TRUST v. SHANKLIN

Nos. 17641-17643.

420 F.2d 1117 (1970)

In the Matter of AMERICAN NATIONAL TRUST and Republic National Trust, Debtors (Appellees), v. Neva M. SHANKLIN, etc., Appellant.

United States Court of Appeals Seventh Circuit.

January 14, 1970.

Attorney(s) appearing for the Case

Emanuel Nadlin, Dayton, Ohio, for appellant.

Philip A. Loomis, Jr., Washington, D. C., J. Kirk Windle, Special Counsel, S.E. C., Chicago, Ill., David Ferber, Solicitor, S.E.C., Washington, D. C., for S.E.C.

Alan H. Lobley, Ice, Miller, Donadio & Ryan, Indianapolis, Ind., for the debtors.

Alan I. Klineman, James M. Klineman, Klineman, Rose & Wolf, Indianapolis, Ind., for John I. Bradshaw, trustee in reorganization.

Before DUFFY, Senior Circuit Judge, and KILEY and CUMMINGS, Circuit Judges.

DUFFY, Senior Circuit Judge.

American National Trust and Republic National Trust are real estate trusts which have been in operation in the State of Indiana. Their principal offices were in Indianapolis, Indiana. These two trusts had common trustees and shared the same offices.

Appellant, Neva M. Shanklin, is the owner of certificates of beneficial interest in both the American National Trust and the Republic National Trust, having invested therein the sum...

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