In re Utley
District Court, E.D. Pennsylvania
In Bankruptcy. In the matter of the alleged bankruptcy of James S. Utley and others. Sur motion for adjudication in bankruptcy on involuntary petition. Motion continued.
1Opinion of the Court
DICKINSON, District Judge.
The question involved in this motion as viewed by the petitioning creditors is one purely of law. It developed at the argument, however, that there is at least possibly a question of fact also involved. The question of law may be thus presented. A debtor possessed of ample assets to more than meet all his obligations nevertheless transfers all his property in trust for the ben*906efit of his creditors, the transaction constituting a general assignment for the benefit of creditors under the provisions of the Pennsylvania law. A petition in involuntary bankruptcy is filed…
2Cases cited1 opinion
- West Co. v. LeaSupreme Court of the United States · 1899
3Cited by4 opinions
- Moody-Hormann-Boelhauwe v. Clinton Wire Cloth Co.Court of Appeals for the Fifth Circuit · 1917
- Trustees for the Creditors & Stockholders of Gonzolus Creek Oil Co. v. CommissionerUnited States Board of Tax Appeals · 1928
- Gonzolus Creek Oil Co. v. CommissionerUnited States Board of Tax Appeals · 1928
- Gonzolus Creek Oil Co. v. CommissionerUnited States Board of Tax Appeals · 1928