In the Matter of BALOGH & COMPANY, Inc., Bankrupt, Drs. William T. Spence, William D. Dolan, Raymond Schwartz, Appellants

ROBB, Circuit Judge:

This is an appeal from an order of the district court sitting in bankruptcy.

On August 19, 1964, appellee, Balogh & Company, filed its voluntary bankruptcy petition in the district court. On that date the sum of $12,200 was on deposit in the First National Bank of Arlington, Virginia, in the name of “Balogh & Company, Inc., Escrow Account”. On October 27, 1964, after various proceedings which we shall describe in a moment, the bankruptcy court, without objection from the appellant doctors, assumed summary jurisdiction to determine who was entitled to the escrow fund. On May…