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WYNKOOP CO. v. GAINES

No. 689.

227 U.S. 4 (1913)

33 S.Ct. 214

57 L.Ed. 391

WYNKOOP, HALLENBECK, CRAWFORD COMPANY v. GAINES.

Supreme Court of United States.

Decided January 20, 1913.

Attorney(s) appearing for the Case

Mr. William Otis Badger, Jr., Mr. William H. Hotchkiss and Mr. Louis J. Wolff for appellant.

Mr. John J. Crawford for appellee.

Memorandum opinion, by direction of the court, by MR. CHIEF JUSTICE WHITE.

A corporation known as the Paris Modes Company was adjudicated a bankrupt on March 28, 1910. Gaines, the appellee, owned half of the stock of the company and was its president. His relatives, during the active life of the corporation, made large loans to the company. The claims for these advances were assigned to Gaines shortly before the bankruptcy, and he made proof of the same in the bankruptcy...

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