In re Samuel Kades, Inc.

JOHNSON, District Judge.

This is a petition to review an opinion and order of the referee in bankruptcy holding certain assignments of bailment leases by the bankrupt to American Acceptance Corporation, fraudulent in law because the bankrupt reserved and exercised unfettered dominion over the assigned leases.

Samuel Kades, Inc., conducted a retail furniture business consisting principally of sales of merchandise on installment contracts evidenced by bailment leases. At various times, Samuel Kades, Inc., purchased merchandise from the B. F. Huntley Furniture Company and from the Bigelow-Sanford…