Legal Opinion

In re Schuylkill-Heim Brewing Co.

District Court, E.D. Pennsylvania

Decided October 1, 1913No. 4,085Published

■ In the matter of the Schuylkill-Heim Brewing Company, bankrupt. On exceptions to report of special referee respecting liability of stockholders.

1Opinion of the Court

J. B. McPHERSON, Circuit Judge.

The nature of this controversy will appear from the following report of the learned referee (Samuel E. Bertolet, Esq.):

“(1) The Schuylkill-IIeim Brewing Company was adjudged bankrupt on .Tune 23, 1011, and the liabilities proved and allowed against the estate within the year fixed by law, are $31,384.20. The assets realized from all sources are and will not exceed. $18,826.45, from which must be deducted administration expenses ahd costs, leaving net assets of not over §15,027.79. The secured claims paid in full total §11,485.17, leaving about $3,542.62 for…

2Cases cited3 opinions

  1. Washburn v. National Wall-Paper Co.Court of Appeals for the Second Circuit · 1897
  2. American Tube & Iron Co. v. Baden Gas Co.Supreme Court of Pennsylvania · 1895
  3. Bole v. MurraySupreme Court of Pennsylvania · 1912

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