In re Mallow Hotel Corp.

JOHNSON, District Judge.

This is a petition to review the special master’s decision dismissing a motion to cancel a "certificate of stock and to hold Homer R. Mallow in contempt of court.

The following facts are admitted by th'e pleadings: On May 28, 1930, the Mallow Plotel Corporation and Homer R. Mallow, its president and a director, made a joint and several promissory note to the Second National Bank of Wilkes Barre for a loan of $30,000 and there was pledged as collateral $30,000 third mortgage bonds of the Wilkes Barre Hotel Company and a certificate for 16,150 shares of the common stock…