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IN RE BABB

No. 13938.

313 F.2d 200 (1963)

In the Matter of Vernon V. BABB, Bankrupt-Appellant.

United States Court of Appeals Seventh Circuit.

February 6, 1963.

Attorney(s) appearing for the Case

Frank H. Byers, Decatur, Ill., for appellant.

Donald G. Baird and Baird, Latendresse & Jones, Decatur, Ill., for appellee.

Before DUFFY, KNOCH and KILEY, Circuit Judges.

DUFFY, Circuit Judge.

From 1950 to 1960, Vernon V. Babb was engaged in the business of painting contractor as a sole proprietor. In early March 1959, Babb conducted his banking business at the Citizens National Bank, Decatur, Illinois, and also at the State Bank of Niantic. Desiring to consolidate his banking activities at one local bank, he phoned one Landolt, Vice President and Loan Officer of the Northtown Bank of Decatur, and made an appointment to go over his...

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