In re Imperial Film Exchange
Court of Appeals for the Second Circuit
Appeal from the District Court of the United States for the Southern District of New York. In the matter of the Imperial Film Exchange, alleged bankrupt. Appeal from an order dismissing an involuntary petition vacating an order appointing a receiver, approving a report of the master, etc.
1Per curiam
[1] From what is shown in the record, outside the pleadings, concerning the business of the alleged bankrupt, it seems clear that its principal business was that of renting films for moving pictures and that it was not a corporation principally in trading or mercantile pursuits within the meaning of the provisions of the bankruptcy act as they existed when the petition was filed.
The Supreme Court has approved the definition of a “trader” as “one who makes it his business to buy merchandise of goods or chattels to sell again for the purpose of making a profit.” And the Supreme Court has also…
2Cases cited5 opinions
- Toxaway Hotel Co. v. Smathers & Co.Supreme Court of the United States · 1910
- In re Kingston Realty Co.Court of Appeals for the Second Circuit · 1908
- Altonwood Park Co. of New York v. GwynneCourt of Appeals for the Second Circuit · 1908
- In re Wentworth Lunch Co.Court of Appeals for the Second Circuit · 1908
- Nollman & Co. v. Wentworth Lunch Co.Supreme Court of the United States · 1910
3Cited by2 opinions
- Dodge v. Kenwood Ice Co.Court of Appeals for the Eighth Circuit · 1913
- Educational Film Exchange, Inc. v. WatsonSupreme Court of Oklahoma · 1932