Baumgarden v. Reconstruction Finance Corp.

MAJOR, Circuit Judge.

This is an appeal from a judgment, entered January 13, 1942, on the pleadings in a garnishment proceeding. The suit was instituted by the Reconstruction Finance Corporation (appellee) against the American National Bank and Trust Company, as successor trustee (appellant and garnishee-defendant), upon a judgment theretofore obtained against Nathan W. Baumgarden'. The latter was permitted to intervene, and, together with the garnishee-defendant, is an appellant.

The rights of the parties stem from the will of Bernard Baumgarden, who created a trust of which Nathan W.…