Planert v. Cosmopolitan Bond & Mortgage Co.

EVANS, Circuit Judge.

Appellant obtained a default decree for $6,687.50 in an Illinois state court, August 18, 1933, in a tort action predicated upon the fraudulent sale of bonds. The decree charged the debtor’s assets with alien for the aforementioned sum. Prior to the entry of the state court, decree, however, an involuntary petition in bankruptcy had been filed against the debtor, who fought an adjudication. An injunctional order was entered in the Federal court restraining appellant from proceeding against the property of the bankrupt. Later the District Court dissolved this injunction and…