Peeples v. Georgia Iron & Coal Co.
Court of Appeals for the Fifth Circuit
Appeal from the District Court of the United States for the Northern District of Georgia; William T. Newman, Judge. In the matter of the bankruptcy of the Georgia Steel Company. On petition of the Georgia Iron & Coal Company and others against O. T. Peeples, as trustee in bankruptcy, to review an order of the referee disallowing petitioner’s claims against the estate, the order was reversed, and the claim allowed (240 Fed. 473), and the trustee appeals.
1Opinion of the Court
BATTS, Circuit Judge.
The Georgia Iron & Coal Company, owning iron and coal lands, an iron furnace, etc., having operated at a loss and become financially embarrassed, offered their properties for sale. Moses Taylor, Van Cortlandt, and others, representing the Southern Steel Company, became interested and employed C. P. Perin, a mining expert, to examine the properties. He sent a man from his office, C. M. Weld, who made a preliminary report, and, after another inspection, a final report. The negotiations did not at that time lead to a sale.
In July or August of the same year, 1906, authority…
2Cited by3 opinions
- Omar Oil & Gas Co. v. Mackenzie Oil Co.New York Court of General Session of the Peace · 1926
- Kelly v. Shamrock Oil & Gas Corp.Court of Appeals for the Fifth Circuit · 1948
- Le Blanc v. Nye Motor Co.Supreme Court of Vermont · 1929