The corporation involved became practically defunct, with a building in Newburgh, New York, as its only asset subject to the claims of creditors and stockholders. This building was sold and the proceeds of the sale transferred to trustees named in a trust agreement for the benefit of creditors and stockholders. The only litigants on this appeal are one Nathan Rubin, who was found by a Referee to be a creditor of the corporation, and appellant whose claim as a creditor was...
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