In re Tracy
District Court, S.D. New York
In the matter of bankruptcy proceedings of William W. Tracy and others and the firm of Tracy & Co. Proceedings by certain creditors to reclaim property. On exceptions to the report of a special master.
1Opinion of the Court
HOLT, District Judge.
I concur in the conclusions of the special master in respect to ■ all the claims passed upon with the following exceptions: ,
1. Claim of the National City Bank.
The securities sent by the National City Bank to Tracy & Co. on the morning of the failure were left with Tracy & Co. simply to af*846ford them a reasonable time to examine the securities and ascertain whether they were in such a condition as to constitute a good delivery. No title passed by such a delivery. Tracy & Co. were to send certified checks in payment that day, if satisfied with the securities. That afternoon…
2Cited by2 opinions
- In re ShapiroCourt of Appeals for the Second Circuit · 1924
- In re Shapiro Bros.District Court, S.D. New York · 1923