In the Matter of A.M. TOWNSON CO., Bankrupt. No. 12997.United States Court of Appeals, Third Circuit.Argued January 18, 1960. Reargued June 20, 1960. Decided October 5, 1960. Page 450 Jerome L. Markovitz, Philadelphia, Pa. (S. Robert Levant, Markovitz, Stern Shusterman, Philadelphia, Pa., on the brief), for appellant. J. Horace Churchman, Philadelphia, Pa. (Jack B. Justice, […]