Manhattan Cloak & Suit Co. v. Dodge

The assignee of insolvent debtors allowed claims against the estate of the insolvent, and made a-report of his action. To this report the appellants, in the capacity of creditors, filed exceptions. Issues of fact were-presented by the exceptions, evidence was heard and a decision entered against the appellants.

The attorney of the assignee of the insolvent debtors borrowed from the assignee trust funds, and paid him interest on the money borrowed. The assignee, in his report, fully accounted for the money loaned and the interest received from the borrower. The money thus obtained by the…