In re Palmer Window Glass Co.
District Court, M.D. Pennsylvania
In Bankruptcy. In the matter of bankruptcy proceedings of the Palmer Window Glass Company. On certificate of referee to review an order relating to the distribution of the proceeds of real estate constituting t part of the bankrupt’s estate. Petition to review dismissed.
1Opinion of the Court
ARCHBALD, District Judge.
The real estate of the bankrupt has been sold by the trustee, and the question is who is entitled to the fund realized. It would go naturally to the first mortgage bondholders, but their right is disputed by general creditors, on the ground that the bankrupt, -being a foreign corporation, had no power to hold or convey real estate. The bankrupt is a New Jersey corporation, but was duly registered and entitled to do business in Pennsylvania. And, being incorporated for the purpose of making glass, was authorized by Act April 19, 1901 (P. D. p. 86), to hold real estate…
2Cases cited6 opinions
- Fairfax's v. Hunter's LesseeSupreme Court of the United States · 1813
- Hagerman v. Empire Slate Co.Supreme Court of Pennsylvania · 1881
- Goundie v. Northampton Water Co.Supreme Court of Pennsylvania · 1847
- Pittsburg & Connellsville Railroad v. County of AlleghenySupreme Court of Pennsylvania · 1870
- Williams v. HintermeisterU.S. Circuit Court for the District of Western Pennsylvania · 1886
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3Cited by2 opinions
- Dutton v. DonahueWyoming Supreme Court · 1932
- Suwa v. JohnsonCalifornia Court of Appeal · 1921