In re the Assignment of Rice
New York Court of Common Pleas
Motion to confirm the report of a referee upon the final accounting of an assignee under a general assignment for the benefit of creditors. The facts are stated in the opinion.
1Opinion of the CourtJ. F. Daly, J.
Bernard Rice and Ignatius Rice, dealers in fancy goods, consisting chiefly of millinery ornaments and fancy mock jewelry, and carrying on a retail business at No. 373 Broadway, became insolvent and made a general assignment to Louis Sternbach, which assignment was filed in the county clerk’s office on April 17th, 1876. The schedules filed by the insolvents showed an indebtedness of $85,884.40 and assets nominally worth $62,246.43, but stated in the schedules to be actually worth only $8,259.85.
The assignee immediately entered upon the execution of his trust and performed it in the following…
2Cited by1 opinion
- In re Ripsom & Newland Fur Co.New York Supreme Court · 1900