Citations

Full opinion text

HUTCHESON, Circuit Judge.

The bankrupt having duly made his application for discharge, creditors the City Investment Company, Citizens’ State Bank of Houston, Huntsville State Bank, and Gibbs Bros. & Co. filed specifications in objection thereto.

The specifications of the City Investment Company alleged the making of false statements for the purpose of securing, and the securing thereon of, advances of money to the bankrupt. These statements were alleged to have been made on March 16, 1925, January 7, 1926, and January 22, 1924. It was alleged as to them that the statements were false as to the amount of liabilities and as to the existence of incumbrances. The specifications alleged that moneys had been advanced by the Second National Bank on the faith of these statements, and that the ereditor City Investment Company was the owner of the notes representing said advances.

The creditor 'citizens’ State Bank alleged the loaning to the bankrupt of $6,500 upon the faith of false representations in a statement made by the bankrupt on March 31, 1924; that said statement fraudulently overvalued the assets, fraudulently overstated the amount of land owned, and fraudulently understated the liabilities. This creditor also adopted the specifications of the City In-Company and in additional speeifi-cations charged that the bankrupt had fraud-uien^y transferred some of his property with jn(.en{. j-0