Rusnak v. Commerce Trust Co.
Court of Appeals for the Seventh Circuit
Petition to Review and Revise an Order of the District Court of the United States for the Eastern Division of the Northern District of Illinois. Involuntary proceeding in bankruptcy against the Garden City Parlor Furniture. Company, bankrupt.
Read the full summary
Petition to Review and Revise an Order of the District Court of the United States for the Eastern Division of the Northern District of Illinois. Involuntary proceeding in bankruptcy against the Garden City Parlor Furniture. Company, bankrupt. On the finding of the District Court that the Commerce Trust Company was entitled to retain, from amounts received by it on claims assigned by the bankrupt, sufficient sums to reimburse it for money advanced to the bankrupt, with interest, Samuel Rusnak, as trustee in bankruptcy, brings petition to .review and revise.
1Opinion of the Court
PAGE, Circuit Judge.
This is a petition to review and revise the finding of the District Court of the Northern District of Illinois in favor of the respondent upon the following facts:
The Garden City Parlor Furniture Company, an Illinois corporation, was adjudged a bankrupt on an involuntary petition filed April 4, 1916. On April 5th the Central Trust Company was appointed receiver of the estate and assets of the bankrupt. Respondent, a corporation under the general incorporation laws of _ Illinois, was chartered for the purposes shown in the agreed statement of facts filed in this case and…
2Cases cited4 opinions
- In re Grand Union Co.Court of Appeals for the Second Circuit · 1914
- State Bank of Chicago v. CoxCourt of Appeals for the Seventh Circuit · 1906
- Edison Electric Illuminating Co. of Boston v. TibbettsCourt of Appeals for the First Circuit · 1917
- In re Jules & Frederic Co.District Court, D. Massachusetts · 1911