Jacobs v. Collegiate Preparatory School, Inc.

THOMAS, District Judge.

The question really presented is-whether the allegations of the petition are legally sufficient to justify the appointment of a receiver on the involuntary petition of more than *735three creditors. The question is presented on the pleadings — the allegations of the petition, the answer of the alleged bankrupt thereto, the petitioner’s reply, and finally the rejoinder. The only act of bankruptcy alleged in the petition is:

“That within four months next preceding the date of this petition the said Collegiate Preparatory School, Inc., committed an act of bankruptcy, in that…