In re Globe Sec. Co.

HOI/fi, District Judge.

This is a motion to stay proceedings in this case. On the morning of April 18th two distinct petitions in involuntary bankruptcy were filed by separate creditors — one in the United States District Court for the District of New Jersey, and one. in this court — against the Globe Security Company, a corporation organized under the laws of New Jersey, doing business in the city of New York. The second section of the bankrupt act (Act July 1, 1898, c. 541, 30 Stat. 545 [U. S. Comp. St. 1901, p. 3420]) authorizes petitions in bankruptcy to be filed in the district where the…