In re Gordon Supply & Mfg. Co.
District Court, M.D. Pennsylvania
In Bankruptcy. On exceptions to action of referee approving of trustee selected by majority of the creditors.
1Opinion of the Court
ARCHBALD, District Judge.
There can be no objection personally to the trustee who has been chosen by a majority of those interested in the estate, at the creditors’ meeting; and the right of such majority, under ordinary circumstances, to control the matter, must be conceded. The trustee is the representative of creditors, and they are the ones to decide who he shall be, subject only to the right of the court to supervise the choice where it is objected to. In the present instance the trustee chosen is not only a stockholder in the bankrupt corporation against which the proceedings were…
2Cited by3 opinions
- In re EastlackDistrict Court, D. New Jersey · 1906
- In re Arti-Stain Co.District Court, D. Massachusetts · 1914
- In re Allied Owners' Corp.District Court, E.D. New York · 1933