Suhl v. Bumb

348 F.2d 869 B. L. SUHL, Margaret Wierman, Currency Exchange, and American Security Currency, Limited, Appellants, v. A. J. BUMB, Receiver in the Matter of Security Currency Services Ltd., a California corporation bankrupt, Appellee. No. 19737. United States Court of Appeals Ninth Circuit. June 28, 1965. Rehearing Denied July 27, 1965. William J. Tiernan, Los Angeles, Cal., Virginia Fabian, Pasadena, Cal., Gerald Romanik, Los Angeles, Cal., for appellants. Irving Sulmeyer, Sulmeyer & Kupetz, Los Angeles, Cal., for appellees. Before CHAMBERS, BARNES and DUNIWAY, Circuit Judges. BARNES, Circuit Judge. 1 Bud Lewis Suhl, Margaret Wierman, and their two wholly-owned corporate entities — Currency Exchange and American Security Currency, Ltd. — have instituted this appeal from the decision of a referee in bankruptcy, affirmed by the district court, which found them indebted to the bankrupt, Security Currency Services, Ltd., in the sum of $455,343.23. Appellants challenge the jurisdiction of the referee to make such a determination in a summary, rather than plenary, proceeding. 2 The proceedings in question originated under Chapter XI of the Bankruptcy Act. Under Sections…