In re R. Rombach & Co.

SCHOONMAKER, District Judge.

This bankruptcy case n'ow comes before the court on petition to review the findings of the referee in rejecting the claims of 28 claimants;’ with claims aggregating $55,000, for money paid the bankrupt for shares of the capital stock of the bankrupt corporation, which’ the claimants allege was issued to them in excess of the authorized capital stock of the’ corporation, and, that by reason thereof they became creditors of the corporation, *47with provable elaims, to the amount of their respective payments for such capital shares in excess of the authorized capital…