In re Varley & Bauman Clothing Co.
District Court, N.D. Alabama
■ In the matter of the Varley & Bauman Clothing Company, bankrupt. On petition of John C. Gallagher to pay a rent lien out of a particular fund.
1Opinion of the Court
GRUBB, District Judge.
In this cause a receiver was appointed by the court and authorized to conduct the business of the bankrupt. The bankrupt, at the time of the filing of the petition, had a sale on, which the receiver continued, and sold practically all of the goods before the appointment of the trustee. The trustee, when appointed, elected to assume the lease, and sold it, as part of the assets of the estate, for $500 and the covenant of the purchaser -to pay all future accruing rents. The referee approved the sale, requiring the purchaser to execute a bond with sufficient sureties to the…
2Cases cited1 opinion
- Martin v. OrgainCourt of Appeals for the Fifth Circuit · 1909
3Cited by4 opinions
- Courtney v. Fidelity Trust Co.Court of Appeals for the Sixth Circuit · 1914
- Greer v. GoeslingArizona Supreme Court · 1939
- In re Southern Hardware & Supply Co.District Court, S.D. Alabama · 1913
- Novor v. Fourth St. Bargain Store Co.Court of Chancery of Delaware · 1929