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IN RE HARRIMAN SECURITIES CORPORATION

No. 57802.

9 F.Supp. 860 (1935)

In re HARRIMAN SECURITIES CORPORATION.

District Court, S. D. New York.

February 19, 1935.

Attorney(s) appearing for the Case

Zalkin & Cohen, of New York City, for trustee.

Wachtell, Manheim & Grouf, of New York City (Samuel R. Wachtell and Harold J. Manheim, both of New York City, of counsel), for Province of Upper Austria.

PATTERSON, District Judge.

The dispute is between the trustee in bankruptcy of Harriman Securities Corporation and the Province of Upper Austria as claimant of a fund. The referee decided in favor of the province, and the trustee has brought the matter here for review.

The facts are undisputed. In November, 1931, the Liberty National Bank loaned $45,000 to J. & J. Stolts, Inc., taking a negotiable demand note signed by the Stolts concern and indorsed by...

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