Grigsby-Grunow Co. v. Hieb Radio Supply Co.

WYMAN, District Judge.

On September 22, 1932, Grigsby-Grunow Company, a corporation, appellant above named, as the sole petitioning creditor, filed in the District Court of tbe United States for the Southern District of Iowa its involuntary petition in bankruptcy against the Hieb Radio Supply Company, a corporation, appellee above named.

The petition, among other things, alleged that the petitioner was a creditor of the alleged bankrupt with a provable claim in the sum of $52,695.90; that the total number of the creditors of the alleged bankrupt was less than twelve; that the alleged bankrupt…