Dismukes v. Johnson
District Court, N.D. Georgia
In Bankruptcy. In the matter of bankruptcy proceedings of L. M. Thweatt. Objections by R. E. Dismukes, as trustee, to proof of a claim by Cliff R. Johnson as a secured and preferred claim. On petition to review a referee’s order sustaining the objections.
1Opinion of the Court
NFWMAN, District Judge.
This is a case similar to that of In re Walden Bros. Clothing Company, 199 Fed. 315, just decided. The principal difference in the two cases is that in the Case of Walden Bros. Company the company mortgaged its entire stock of merchandise, as well as all its choses in action, notes, and accounts due it; in this case the bankrupt mortgaged the whole of his two stocks of merchandise in Columbus, Ga. Thweatt, the bankrupt, used all of the S6,000 received from Johnson, except a trilling amount, to pay immediately his bank and his kinsman debts due them. He left a large…
2Cases cited1 opinion
- In re Walden Bros. Clothing Co.District Court, N.D. Georgia · 1912