Case Name: John ERANOSIAN et al., Appellants, v. John M. ENGLAND, Trustee of Belmetals Mfg. Co., Inc., Appellee
Court: United States Court of Appeals for the Ninth Circuit
Jurisdiction: United States
Decision Date: 1971-02-19
Citations: 437 F.2d 1355
Docket Number: No. 24556
Parties: John ERANOSIAN et al., Appellants, v. John M. ENGLAND, Trustee of Belmetals Mfg. Co., Inc., Appellee.
Judges: 
Reporter: Federal Reporter 2d Series
Volume: 437
Pages: 1355–1355

Head Matter:
John ERANOSIAN et al., Appellants, v. John M. ENGLAND, Trustee of Belmetals Mfg. Co., Inc., Appellee.
No. 24556.
United States Court of Appeals, Ninth Circuit. •
Feb. 19, 1971.
Rehearing Denied March 25, 1971.
Henry Cohn (argued), of Anixter & Aronson, Burlingame, Cal., for appellant.
John Poppin (argued), of Dinkelspiel & Dinkelspiel, San Francisco, Cal., for appellee.
Before KOELSCH and TRASK, Circuit Judges, and BYRNE , District Judge.
Honorable William M. Byrne, United States District Judge, Los Angeles, California, sitting by designation.

Opinion:
PER CURIAM:
This is an appeal from an order of the district judge affirming on review an order of the referee in bankruptcy declaring void, by reason of Cal.Corp. Code section 1707(c), a contract by Belmetals Mfg. Co., Inc., now a bankrupt, to purchase shares of its own stock from Mr. and Mrs. John Eranosian and Mr. and Mrs. Henry Pahland; denying said shareholders' reclamation petition to recover from the trustee sums owing under said contract; and requiring said shareholders to pay (Cal.Corp. Code § 1715) Belmetals' trustee all payments made to them pursuant to said contract.
The opinion of the district judge affirming the determination by the referee appears in 299 F.Supp. 1290 (N.D.Cal.1969) sub now,. In re Bel-metals Mfg. Co., Inc.
We have carefully reviewed the judge's decision in the light of the record and findings of the referee and are thoroughly convinced that it is correct and that the order should in all respects be affirmed.
jt is so ordered.