In re Jones

SIBLEY, District Judge.

On July 8, 1925, Jones filed a voluntary petition in bankruptcy ; his schedules showing debts of about $10,000, mostly due to sellers of building materials, and assets which proved of nominal value. Discharge was applied for July 3, 1926. Objections were filed, averring transfer of assets in fraud of creditors and concealment of assets from the trustee, and the issues were referred to the referee for his report. Proof was submitted that by a deed dated April 26, 1924, and recorded August 1, 1924, for a nominal consideration, the bankrupt had transferred to his mother…