Legal Opinion

Taylor v. Folsom

Court of Appeals for the Second Circuit

Decided April 13, 1936No. 342PublishedCited by 3 opinions

1Opinion of the Court

AUGUSTUS N. HAND, Circuit Judge.

Folsom, a purchaser at a sale of the bankrupt estate of Huguenot Publishing Company, Inc., appeals from an order of the District Court directing him to pay $10,231.06 to the trustee in order to make good the loss to the estate because he had failed to take title and the property had been sold subsequently at a lower price.

Some time after the adjudication in bankruptcy, the referee ordered a sale at auction of chattels of the estate and appointed an auctioneer. The assets had been appraised at $3,544.10. On March 19, 1935, a public sale at auction was had…

2Cases cited5 opinions

  1. Camden v. MayhewSupreme Court of the United States · 1889
  2. In Re Realty FoundationCourt of Appeals for the Second Circuit · 1935
  3. In re Klein's Rapid Shoe Repair Co.Court of Appeals for the Second Circuit · 1931
  4. Executors of Brasher v. CortlandtNew York Court of Chancery · 1817
  5. Anthon v. BachelorNew York Supreme Court · 1889

3Cited by3 opinions

  1. Gordon v. WoodsCourt of Appeals for the First Circuit · 1951
  2. Freehill v. GreenfeldCourt of Appeals for the Second Circuit · 1953
  3. In re Teitelbaum Baking Co.District Court, E.D. New York · 1937

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