In re Laskin

GRIM, Senior District Judge.

The problem here presented is the construction of a promissory note:

$15,426.50 March 31 1959 Sixty Days after date_promise to pay to the order of INDUSTRIAL RAYON CORPORATION Fifteen Thousand Four Hundred Twenty-Six and 50/100----Dollars Payable at Cleveland, Ohio with interest at 6% per annum Value received

LASKIN BROS. OF PHILA. INC.

Harold Laskin

K-71730 Due May 30, 1959

Harold Laskin being bankrupt, the question here is whether this note constitutes the holder, Industrial Rayon Corporation, a creditor of the bankrupt. The referee held that the bankrupt was not…