Legal Opinion

In re Rothenberg

District Court, S.D. New York

Decided November 2, 1905PublishedCited by 4 opinions

In Bankruptcy. On demurrer to involuntary petition.

1Opinion of the Court

HOLT, District Judge.

This is a demurrer to an involuntary petition. The question involved is whether the owner of a note not yet due, indorsed by the alleged bankrupt, holds a provable debt, upon which he could join in a petition. It is claimed that this is a contingent liability, and not a provable debt, .within the meaning of section 59 (Act July 1, 1898, c. 541, 30 Stat. 561 [U. S. Comp. St. 1901, p. 3445]). I think that it is a debt which is technically provable, but which cannot be allowed until, upon the maturity of the note, the liability of the indorser is fixed. This was originally…

2Cases cited3 opinions

  1. Moch v. Market St. Nat. BankCourt of Appeals for the Third Circuit · 1901
  2. In re HornsteinDistrict Court, N.D. New York · 1903
  3. In re GersonDistrict Court, E.D. Pennsylvania · 1901

3Cited by4 opinions

  1. Maynard v. ElliottSupreme Court of the United States · 1931
  2. Kay v. Federal Rubber Co.Court of Appeals for the Third Circuit · 1930
  3. In re SmithDistrict Court, D. Rhode Island · 1906
  4. In Re MyersDistrict Court, E.D. New York · 1940

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