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IN RE UNITED FUNDS MANAGEMENT CORPORATION

No. 17505.

51 F.Supp. 442 (1943)

In re UNITED FUNDS MANAGEMENT CORPORATION. Petitions of WINFREY et al.

District Court, W. D. Missouri, W. D.

August 28, 1943.

Attorney(s) appearing for the Case

Cornelius Roach and Daniel L. Brenner, both of Kansas City, Mo., for bankrupt.

John C. Grover and Jacob L. Milligan, both of Kansas City, Mo., for trustee.

Paul V. Barnett and James E. Goodrich, both of Kansas City, Mo., for Commerce Trust Co., trustee under trust indenture.

Joseph M. Lapin, of Kansas City, Mo., for Park D. Crawford et ux.

J. H. Greene, Jr., of Kansas City, Mo., for Emery L. Foster et ux.

L. N. Musser, of Kansas City, Mo., for Mark Y. Hanes et ux.

J. Francis O'Sullivan, of Kansas City, Mo., for John P. Winfrey et ux.

Louis J. Pelofsky, of Kansas City, Mo., for Alphonse Arnone et ux.

C. V. Kretsinger, of Kansas City, Mo., for Frank B. Kenning et ux.

P. H. Jackson, of Kansas City, Mo., for Arnold L. Craven et ux.

COLLET, District Judge.

The material facts are not in dispute and may be stated as follows:

The claimants are both borrowers of and lenders to the predecessor to the bankrupt United Funds Management Corporation. They are borrowers in that they secured loans upon their real estate for which they gave their note secured by deed of trust on the real estate. The notes were payable on a given date and the rate of interest legal. They were lenders in that, contemporaneously...

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