In re Dresser & Co.

HOLT, District Judge.

The questions involved in this case are novel and difficult, hut I consider it unnecessary to discuss them. I concur entirely with the conclusions of the referee, in respect to the effect of both the written statement of assets and the refusal to testify, arid with the grounds for his conclusions, as stated in his very full and thorough report. I will simply add that, in my opinion, even if no part of the proceeds of the sale of the acceptances had been remitted by the American Tubing & Webbing Company to Dresser & Co., the bankrupt Dresser had such an interest in the…