In re Rockhill

FORMAN, District Judge.

The trustee herein, Albert B. Kahn, instituted an action in the Court of Chancery of New Jersey to set aside as fraudulent, conveyances made to the wife of the bankrupt, Marion L. Rockhill. The bankrupt and his wife asserted in their defense that the said properties were purchased with funds which did not belong to the bankrupt, but were her property. On the eve of the trial of the case in the Court of Chancery and after considerable negotiation the trustee reported an offer of $700 from the bankrupt and his wife in full settlement of the trustee’s claim against them.…