Martin v. His Creditors

The syndic of the insolvent estate of J. Casey & Co., presented a tableau of classification and distribution, to the homologation of which several oppositions were filed by different creditors. Five of these opponents, and the syndic himself a creditor, have appealed from the judgment of the District Court.

1. H. Renshaw, whose claim is classed as an ordinary debt, avers that it is secured by privilege on the proceeds of the sale of ten thousand bags of salt. His claim is based upon the transfer of a warehouse receipt issued to Levy, Summers <& Co., and endorsed over to him by the holders.

The…