Legal Opinion
In Re Payne
District Court, N.D. Texas
Decided May 9, 1935No. 3560PublishedCited by 2 opinions
1Opinion of the Court
ATWELL, ^District Judge.
The bankrupt has proceeded in accordance with section 75 of the Bankruptcy Act, as amended, 11 ÜSGA § 203.- His homestead consists,of 144 acres of land. On this he owes the- Dallas Joint Stoek Land Bank $5,500.' Appraisers; ' duly appointed-, ■ fixed the “fair'-'ail'd reasonable value of the land, not necessarily market value,” $1,971.- -The rental value was determined to be 6 per cent, upon the amount of $2,000, which was fixed in round numbers, -as the land value. The 6 per cent, amounted to $120 per year.
The order provided that this $2,000 shall be payable within…
2Cases cited10 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Block v. HirshSupreme Court of the United States · 1921
- McCray v. United StatesSupreme Court of the United States · 1904
- Lockwood v. Exchange BankSupreme Court of the United States · 1903
- Billings v. United StatesSupreme Court of the United States · 1914
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- In Re BeckUnited States Bankruptcy Court, C.D. Illinois · 1980