Vacuum Oil Co. v. Land Title Guaranty & Trust Co.

HICKS, Circuit Judge.

Appellant, Vacuum Oil Company, Inc., a New York corporation, filed its bill in equity in the District Court for the Northern District of Ohio against the Land Title Guaranty & Trust Company, and the Guardian Trust Company, Ohio corporations, and Ira J. Fulton, superintendent of banks of the state of Ohio, and Frank J. Hanrahan, residents of Ohio.

Appellant alleged that subsequent to December 23, 1932, it, as assignee, acquired, with full right of ownership and possession, all the assets of Great Western Oil Company, including $35,000 in money; that the Great Western…