In re Eisenberg

HOUGH, District Judge.

In January, 1904, the bankrupt offered to the creditors a composition “at 20 per cent. * * * to be paid *326as follows: 10 per cent, thereof in cash, and the balance (to wit 10 per cent.) in promissory notes payable in six months and properly endorsed by Sajun & Tahelran.” This composition was agreed to by the requisite number of creditors, some of whom, however, prefixed to their written consent the condition “that indorser is satisfactory.” On March 27, 1905, after due proceedings, an order was entered declaring “that the said composition offered by the bankrupt herein be,…