In re Alphin & Lake Cotton Co.

TRIEBER, District Judge.

In January, 1903, the above-named corporation, which, for convenience, will be referred to as the “Cotton Company,” was adjudicated a bankrupt in this court. After the examination of E. H. Lake, who was the practical owner and in absolute control of the entire management of the cotton company, the trustee in bankruptcy of the cotton company filed a petition, duly verified, charging that the said Lake and Alphin, another of the officers of the corporation, had large sums of .money and other property of the assets of the bankrupt corporation, amounting to over $250,000,…