Case ID: f2d_278/html/0280-01.html
Source: Caselaw Access Project
Author: {"author": "PER CURIAM.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

FERRO, INC., and Bolling R. Powell, Jr., Appellants v. JOHN THOMPSON BEACON WINDOWS, LTD., Appellee.
    No. 15533.
    United States Court of Appeals District of Columbia Circuit.
    Argued April 14, 1960.
    Decided April 28, 1960.
    Petition for Rehearing Denied June 13, 1960.
    Mr. Bolling R. Powell, Jr., Washington, D. C., for appellants.
    Mr. John J. Sexton, Washington, D. C., with whom Mr. Harry M. Plotkin, Washington, D. C., was on the brief, for appellee.
    Before Mr. Justice Reed, retired, and Edgerton and Bastían, Circuit Judges.
    
      
       Sitting by designation pursuant to 28 U.S.C. § 294(a).
    
   PER CURIAM.

a n x x, t -ix Appellant Ferro, Inc., an insolvent eorporation, paid its debt to appellant Powell, its sole stockholder and managing director. The District Court found that. this Pansier of the corporation’s funds. was made with intent “to hinder or delay” appellee, a creditor. The finding . , . , . , ,, is not clearly erroneous and supports the court’s conclusion that the transfer was vo^ as a&ainst aPPe^ee under D.C.Code, § 12-401.

Affirmed,