In re McGowan

BRAWREY, District Judge.

The question that comes up on this review of the decision of the referee is whether the bankrupt is entitled to a homestead exemption of $500 out of the proceeds of the sale of the stock of merchandise. The referee holds that he is so entitled. The creditors except on two grounds: (1) That the bankrupt is not the head of a family. (2) That in no event would he be entitled to homestead exemption in the goods in question as against creditors who present claims for the purchase money of the same.

iVlcGowan, the bankrupt, is a young man about 23 years of age, and unmarried.…