Congleton v. Roberts

WALKER, Circuit Judge.

This is an appeal from an order dismissing an involuntary petition in bankruptcy which was filed on February 25, 1932. The petition alleged tho insolvency of tho alleged bankrupt, E. J. Roberts, and that within four months next preceding the date of the petition he committed the following acts of bankruptcy:

“(a) In that he transferred and conveyed a part of his property, being more specifically described as 165 shares of the capital stock of the Roberts lee Company, Inc., having a face value of $109.09 per share, to his two sons and to his wife, without consideration,…