In re Bloodworth-Stembridge Co.
District Court, S.D. Georgia
In Ac matter of the Bloodworlh-Stembridge Company, bankrupt. On offer of composition and objections thereto. It appears that the Bloodworth-Slembridge Company were adjudged bankrupts on February 13, 1910. On February 21, 1910, at the first meeting of creditors, they were examined in open court, and afterwards submitted in writing an offer of composition of 40 per cent.
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In Ac matter of the Bloodworlh-Stembridge Company, bankrupt. On offer of composition and objections thereto. It appears that the Bloodworth-Slembridge Company were adjudged bankrupts on February 13, 1910. On February 21, 1910, at the first meeting of creditors, they were examined in open court, and afterwards submitted in writing an offer of composition of 40 per cent. Nolice was thereupon given by Hon. Alexander Proudfit, referee in bankruptcy, that a second meeting of creditors would be held on March 4, 1930, before him, for the punióse of considering said offer of composition. At said…
1Opinion of the CourtSpeer, District Judge
(orally, after stating the facts as above). Our valuable referee has, I fear, gradually gotten away from the correct practice in cases of composition, and the court has been in some sense particeps criminis in that respect. I have all along had some doubts as to the extent to which the referee has gone; hut this is the first time that objection has been made to the referee doing everything in the case, except merely to hand up the record for the judge’s approval. Now there is a great deal which may not be done, save by the judge, in cases of composition. The referee may generally be regarded…
2Cited by6 opinions
- Adair v. Bank of America National Trust & Savings Ass'nSupreme Court of the United States · 1938
- Tarver v. GodseyCourt of Appeals of Texas · 1935
- Gomez v. UlibarriNew Mexico Supreme Court · 1917
- Mueller v. Elba Oil Co.California Supreme Court · 1942
- Mueller v. Elba Oil Co.California Supreme Court · 1942
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