In re Woerderhoff Shoe Co.

GRAVEN, District Judge.

This matter is before the Court on a petition to review the Referee’s denial of a creditor’s petition to reclaim certain shoes which the creditor claims to have sold and delivered to the bankrupt on credit as the result of fraudulent representations by the bankrupt’s president concerning its financial condition.

The bankrupt Woerderhoff Shoe Co., Inc., a corporation organized and existing under the laws of the State of Iowa, operated two retail shoe stores in Cedar Rapids, Iowa. For convenience, one store will be referred to as Store No. 1 and the other as Store No. 2.…