Goldstein v. Rusch

ROBERT P. PATTERSON, District Judge.

Application is made to confirm the report of a special master.

The bankrupt sold wearing apparel. In September, 1928, he entered into a written agreement with the defendants, whereby the latter were to loan him sums of money from time to time against the security of assigned' accounts receivable. One paragraph of the agreement was to the effect that merchandise returned by customers whose accounts had been assigned “is hereby transferred to Ruseh as security for monies owing to.Ruseh to whom is hereby given a lien on said merchandise, * * * and if any such…