Arnold A. Schwartz, appellee, v. George L. Babcock and Bankers Trust Company, appellants.

Gen. No. 39,839.

Opinion filed March 21, 1938.

Rehearing denied April 4, 1938.

Packard, Barnes, MeCaughey & Schumacher, for certain appellant; Russel J. MeCaughey, of counsel. Pope & Ballard, for certain other appellant; Ferris E. Hurd and Herbert Pope, of counsel. Stewart Reed Brown, for appellee; K. B. Czarneeki, of counsel.

Mr. Justice Matehett

delivered the opinion of the court.