Wisconsin Banking Commission v. Van Steenwyck

ALSCHULER, Circuit Judge.

The appeal is from an order of the District Court directing appellants to assign to appellee, as trustee of, the bankrupt corporation of M. H. Bekkedal & Sons, Inc., a certificate of purchase under sheriff’s sale of real estate located near Minocqua, Wis., which had been sold under a judgment against M. H. Bekkedal, based on his liability as a stockholder of a failed Wisconsin state bank.

The order on appellants to turn over to the trustee their sheriff’s certificate -of purchase of • the property w'as made in a summary proceeding by the trustee. Appellants made timely…