In re Federal Mail & Express Co.
District Court, S.D. New York
In Bankruptcy. In the matter of the bankruptcy of the Federal Mail & Express Company. A motion is made for the appointment of a receiver.
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In Bankruptcy. In the matter of the bankruptcy of the Federal Mail & Express Company. A motion is made for the appointment of a receiver. On June 18, 1916, a general assignment for the benefit of creditors was made to Louis ¡Stern, who was in the business of hay, feed, and grain, followed shortly by an involuntary petition in bankruptcy filed on the 15th day of June, 1916. Stern held a chattel mortgage on property of the alleged bankrupt executed by it on June 15, 1915, to secure the payment of $1,638.10', as evidenced by 12 notes, payable in installments of $200 each. The usual printed form…
1Opinion of the Court
^AUGUSTUS N. HAND, District Judge
(after stating the facts as above). [1-3] In this case I have discovered nothing which indicates a fraudulent assignment, but it well illustrates the unsatisfactory'nature of administration oí, estates of insolvents through general assignments, which has increased rapidly in this district during the past year. The ordinary method of proceeding is for the bankrupt to choose his assignee, who is frequently some one connected with him by business or family ties, and thus in a measure to control the administration of his estate until the creditors have elected a…
2Cases cited10 opinions
- In Re Watts and SachsSupreme Court of the United States · 1903
- Randolph v. ScruggsSupreme Court of the United States · 1903
- Bryan v. BernheimerSupreme Court of the United States · 1901
- West Co. v. LeaSupreme Court of the United States · 1899
- In re GutwilligCourt of Appeals for the Second Circuit · 1899
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3Cited by6 opinions
- In Re Bailey's Beauticians Supply Company, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1982
- In re Iroquois Utilities, Inc.Court of Appeals for the Second Circuit · 1924
- In Re Insull Utility Investments, Inc.District Court, N.D. Illinois · 1933
- Irving I. Bass, Trustee v. Quittner, Stutman & Treister, Irving I. Bass, Trustee v. Gendel, Raskoff, Shapiro & QuittnerCourt of Appeals for the Ninth Circuit · 1967
- In re D. & E. Dress Co.District Court, S.D. New York · 1916
1 more not listed; retrieve them via the Exa API.