District Court, D. Massachusetts May 14, 1925, No. 28057 (In re Ponzi)

BBEWSTEB, District Judge.

The trustee in bankruptcy of Charles Ponzi has received, subsequent to the beginning of bankruptcy proceedings, income derived from deposits in national banks and from mortgages and loans constituting' a part of the bankrupt’s estate. It is conceded that about 80 per cent, in amount of the claims allowed have been proved by creditors residing in Massachusetts.