Legal Opinion

In re Borden

District Court, S.D. New York

Decided June 16, 1871PublishedCited by 1 opinion

[In bankruptcy. • Petition for discharge by Wiliam AY. Borden and Horace P. Geary, bankrupts.

1Opinion of the Court

BLATCHFORD, District Judge.

In this case, the debts proved, on which the bankrupts are liable as principal debtors, are, at the minimum amount, $10,766.24. Fifty per cent, of this sum is $5,383.12. In view of the testimony as to the condition of the stock of goods turned over by the bankrupts when they filed their voluntary petition in bankruptcy, July 21st, 1869, I must reject the appraisement of such stock made at $4,-606.64, July 27th, 1869. That appraisement was, on the proofs, very much exaggerated. How much it is impossible to say. There is no safe guide but the amount realized for the…

2Cited by1 opinion

  1. In re WaggonerDistrict Court, W.D. Tennessee · 1881

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