In re Bajardi

WINSLOW, District Judge.

This is a petition by the New York State Superintendent of Banks to review the order of the referee in bankruptcy, directing the State Superintendent of Banks to turn over to the trustees in bankruptcy certain securities deposited by the bankrupts, private bankers, pursuant to section 161 of the Banking Law of the State of New York (Consol. Laws, e. 2), which order further directed that said securities should be liquidated and distributed in accordance with the provisions of section 156 of the Banking. Law.

The Superintendent* of Banks contends that he alone has…