In the Matter of B-F Building Corporation, Bankrupt. General Electric Company and General Electric Credit Corporation v. Ralph H. Coleman, Trustee

In the bankruptcy proceeding of The B-F Building Corporation, an Ohio corporation, pending before the Referee in Bankruptcy, proofs of claim were filed by General Electric Company and the General Electric Supply Company in the respective amounts of $552,251.57 and $241,093.12. The claims were based upon a written contract of guaranty whereby the bankrupt was alleged to have guaranteed the payment of indebtedness owing by the Baird-Foerst Corporation, also an Ohio corporation, to said General Electric Companies for merchandise sold and delivered and for monies advanced 1 , from time to time in…