United States v. Seiberling Rubber Co.

This cause has been heard on the oral arguments and the briefs of the attorneys for the parties and on the record in the case: all of which, having been duly considered, leads to the conclusion that the judgment of the district court was correct on the basis of the discussion in the memorandum opinion of the district judge.

We think that, on the record in the case, the district judge was correct ini finding from the evidence that the ap-pellee corporation was in troublesome financial condition in 1937 and 1938, its debentures being in default, its being liable for the debts of several…