Legal Opinion

In re Kessler

Court of Appeals for the Second Circuit

Decided March 13, 1911No. 160PublishedCited by 9 opinions

Petition to Review and Appeal from Order of the District Court of the United States for the Southern District of New York. In the matter of Alfred Kessler and others, composing the firm of Kessler & Co. bankrupts. From an order of the District Court, the Merchants’ National Bank of the City of New York and another appeal, and file petition to review said order.

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Petition to Review and Appeal from Order of the District Court of the United States for the Southern District of New York. In the matter of Alfred Kessler and others, composing the firm of Kessler & Co. bankrupts. From an order of the District Court, the Merchants’ National Bank of the City of New York and another appeal, and file petition to review said order. On petition to review and' appeal from an order of the District Court of the United States for the Southern District of New York, dated August 12, 1910, modifying and confirming a report made by a special master and providing that…

1Opinion of the Court

COXE, Circuit Judge.

Prior to October 30, 1907, Kessler & Co. were bankers doing business in New York; they were adjudicated bankrupts November 22, 1907, and Lawrence E. Sexton became their trustee on December 31, thereafter. Tlie R. B. MacLea Company was engaged in business in New York as importers and dealers in dry goods. On July 13, 1904, this company made an agreement with Kess-ler & Co. whereby the bankers agreed to extend to the merchants a credit of $50,000 to be advanced as needed on the promissory notes of the merchants bearing interest at the rate of 6 per centum per annum. The…

2Cited by9 opinions

  1. Nuckolls v. Bank of CaliforniaCalifornia Supreme Court · 1937
  2. In Re Gustav Schaefer Co.Court of Appeals for the Sixth Circuit · 1939
  3. In Re MelenyzerUnited States Bankruptcy Court, W.D. Texas · 1992
  4. Century Savings Bank v. Robt. Moody & SonCourt of Appeals for the Eighth Circuit · 1913
  5. In Re KardosCourt of Appeals for the Second Circuit · 1927

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