Bucyrus Road MacHinery Co. v. Edsinger

MACK, Circuit Judge.

Petition in bankruptcy, based upon the charge that within four months next preceding the alleged bankrupt, “because of insolvency, permitted a receiver to be put in charge of its property by” the state court.

An intervening petition sets out the proceedings of the state court more fully, by giving the gubstanee of the allegations in the petition for the receiver, followed by the statement that the defendant therein, the alleged bankrupt, through its president, filed an answer and admitted the truth of the allegations in the petition, and that immediate ly on the filing of…