In re Schulman

HOLT, District Judge.

This is a motion to punish the bankrupt Samuel Schulman for contempt. In January, 1908, the bankrupt made a written financial statement that his assets exceeded his liabilities in the sum of $43,326. He was put in bankruptcy in July, 1908, and his schedules show that at that time his liabilities exceeded his assets in the sum of $19,000, showing an apparent loss in six months of $61,000. The bankrupt testified that his statement showing a net worth in January of about $42,000 was correct. He verified the schedules, and he testified that he had stock on hand at the time of…