Sperling v. Cudahy Packing Co.

ATTrlTTC(n,TTC( TT ., T , AUGUSTUS N. HAND, Circuit Judge,

Benjamin Sperling was adjudicated a bankrupt on January 26, 1933, and on March ^5 of that year petitioned for a discharge, Undahy^ Packing Company, a emlitoi-, filed two specifications of objection as follows:

“First. — That the bankrupt has failed to explain satisfactorily any loss of assets or deficiency of assets to meet his obligations, in that the bankrupt scheduled his merchandise obligations in the sum of $20,109.59, and no assets, and has failed to explain his loss of assets and deficiency of his assets to meet his obligations.

“S…