In re Denmark

BARRETT, District Judge.

A petition to review the decision of referee Bennett brings this matter before this court. The fasts are not in controversy and are so fully set forth by the referee that it is unnecessary to restate them.

The referee decided that the bankrupt, S. J. Denmark, was not entitled to the exemption claimed for two reasons: First, because he concealed an asset in the way of an automobile; and, second, because he concealed other assets, as disclosed by an enormous shrinkage of assets within a short time unexplained by the bankrupt after full opportunity had been given him to do…