Taylor v. Spurway

STRUM, District Judge.

Plaintiff, Henry H. Taylor, was appointed receiver of City Trust Company by a Florida state court on May 8, 1931. As such receiver, by authority of that court, he sues C. H. Bancroft, who succeeded H. J. Spurway as receiver of City National Bank in Miami, and others, to recover $200,000 which plaintiff alleges was fraudulently transferred from capital, surplus and undivided profits of Gity Trust Company to the stockholders of said City Trust Company by means of a pretended sale of the capital stock of said trust company to the Administrator Company, a dummy corporation,…