Roberts

In April, 1924, appellants, as petitioning creditors, sought adjudication as involuntary bankrupts 'of Christian Yegen and Peter Yegen, copartners as Yegen Bros., Bankers, and Christian Yegen and Peter Yegen as individuals. The District Court heard the matter and dismissed the petition. Petitioners appealed.

The ease turns upon the following alleged acts of bankruptcy:

(1) That on February 9, 1924, with intent to hinder, delay, and defraud creditors, the firm and the members thereof transferred to the Anaconda National Bank 10,100 shares of Yegen Bros., Inc., of the reasonable value of $43,450, for a consideration of $20,000.

(2) That between February 15 and March 20,1924, while indebted to the National Bank of the Republic of Chicago in the sum of $25,000 or more, and having pledged to that bank a note of Arnott & Sons for $35,000 and 850 shares of the Anaconda National Bank stock (total value of such securities $157,000), Yegen Bros, and Yegen Bros., Bankers, in payment of said debt, transferred to the Bank of the Republic the securities named, with intent on the part of the transferors and the transferee to hinder, delay, and defraud other creditors of the alleged…