Gamaldi v. Colon

CHASE, Circuit Judge.

George Colon, the father of the appellant, owned and held, two of the shares being in the names of his nominees, one thousand of the shares of the capital stock of the bankrupt, a New York corporation, and was also a large creditor of the bankrupt for money .loaned to it when application was made to him for an additional loan. The shares he- owned constituted, two-thirds of the entire capital stock of the bankrupt. He replied that he would lend the corporation no more money, but that if it would give his son, who is the. appellant herein, a mortgage on its property, he…