In re Worth
District Court, N.D. Iowa
In Bankruptcy. On petition of objecting creditors for review of order of referee allowing claim of R. W. Ady, as receiver of the Sheldon State Bank, in the sum of $9,377.64 against the bankrupt estate of N. F. Worth and Ed. C. Brown, copartners doing business under the name of N. F. Worth. December 28, 1903, a creditors’ petition in bankruptcy was filed against Noah F. Worth and Ed.
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In Bankruptcy. On petition of objecting creditors for review of order of referee allowing claim of R. W. Ady, as receiver of the Sheldon State Bank, in the sum of $9,377.64 against the bankrupt estate of N. F. Worth and Ed. C. Brown, copartners doing business under the name of N. F. Worth. December 28, 1903, a creditors’ petition in bankruptcy was filed against Noah F. Worth and Ed. C. Brown, as copartners doing business at Sheldon, O’Brien county, Iowa, under the firm name of N. F. Worth, and thereunder the copartnership and the individual members thereof were adjudged bankrupt on February…
1Opinion of the CourtReed, District Judge
(after stating the facts). The testimony relied upon to show that the claim of the receiver of the Sheldon State Bank is the individual debt of Ed. C. Brown, and not that of the co-partnership, is voluminous, and it must suffice to say that a careful consideration of the whole thereof leads to the conclusion that the debt originally was that of the copartnership of N. F. Worth and Ed. C. Brown, and does not show that either this bank, or its predecessor, by reason of the conduct of Mr. Brown as president or cashier or general manager of either, is estopped from establishing or proving said…
2Cases cited16 opinions
- De Wolf v. JohnsonSupreme Court of the United States · 1825
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