Parsons v. Third National Co.

This controversy comes here on petition to review an order of the District Court for the Western District of New York (173 F. 694), directing the trustee in bankruptcy of Meadows, Williams Co. to deliver to Alice H. Douglas two certificates, for 100 shares each, of the preferred stock of the Great Northern Railway Company. The proof establishes the fact that Mrs. Douglas bought and paid for 200 shares of the stock of the Great Northern Railway Company. The certificates were issued in her name. They were bought and paid for prior to the adjudication in bankruptcy. The trustee in bankruptcy…