Cloutman v. Weill

SWAN, Circuit Judge.

Upon his voluntary petition William Silk was adjudicated a bankrupt on July 19,1929. His schedules showed no assets. Debts of some $12,000 were listed, including that to the appellees, who were listed as secured creditors to the extent of $6,409. Within the six months’ period granted by section 57n of the Bankruptcy Act (11 USCA § 93 (n), claims totaling nearly $2,000 were proved and allowed, but the appellees presented no claim within this period. The bankrupt was examined at the first meeting of his creditors, but no trustee was elected because no assets were discovered.…