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IN RE CULBERTSON'S

No. 6512.

54 F.2d 753 (1932)

In re CULBERTSON'S. THOMPSON et al. v. LEGGETT.

Circuit Court of Appeals, Ninth Circuit.

January 5, 1932.

Attorney(s) appearing for the Case

Jas. A. Williams and E. A. Cornelius, both of Spokane, Wash., for appellants Thompson, Vaughn, and Elbert.

Clyde H. Belknap, Jas. A. Williams, and E. A. Cornelius, all of Spokane, Wash., for appellant Latham.

Graves, Kizer & Graves, of Spokane, Wash., for appellee.

Before WILBUR and SAWTELLE, Circuit Judges.

WILBUR, Circuit Judge.

This is an appeal from an order of the District Court on review affirming the decision of the referee rejecting proof of claims made against the bankrupt by the appellants. The appellants were all holders of certificates of preferred stock in the bankrupt corporation. The claim is that these certificates were in such form and issued in such manner that although denominated "certificates of preferred stock" they were in fact certificates of indebtedness...

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