Butler v. Rand

MOSCOWITZ, District Judge.

In this proceeding the trustee in bankruptcy of Jacob H. Rand seeks to set aside a transfer made by Jacob H. Rand to his wife, Nettie Rand, on or about July 15, 1932, of 95 shares out of a total of 100 shares issued of the capital stock of the Rand Tea & Coffee Stores, Inc., and also to set aside a pledge given to the defendants Eppens Smith Company, Inc., and Breakstone Bros., Inc., as collateral security.

At the conclusion of the trial, the court decided all issues, but reserved for consideration the question whether the aforesaid 95 shares of stock were owned by…