Legal Opinion

Saperson v. Burstein

Court of Appeals for the Third Circuit

Decided August 18, 1921No. 2688Published

In Error to the District Court of the United States for the Eastern District of Pennsylvania; Oliver B. Dickinson, Judge. Action by Willard W. Saperson, trustee in bankruptcy of Booby’s, Incorporated, against Harry Burstein. Judgment for defendant, and plaintiff brings error.

1Opinion of the Court

DAVIS, Circuit Judge.

This was an action brought by a trustee in bankruptcy of a bankrupt corporation to recover money in payment of two notes made by the corporation and indorsed by the defendant.

The corporation, Ryan’s, Incorporated, operated a retail store in - Buffalo. The name was changed to Booby's, Incorporated, which was adjudicated a bankrupt on May 16, 1917, and the defendant was elected trustee shortly thereafter. There were 150 shares of capital stock of the corporation, of the par value of $100 each. Of these the defendant owned 118 shares, his son 2, and A. J. Dransch the…

2Cases cited2 opinions

  1. Manhattan Web Co. v. Aquidneck Nat. BankU.S. Circuit Court for the District of Rhode Island · 1904
  2. Odd Fellows Home v. Velenchick Bros.Superior Court of Pennsylvania · 1919

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