In re Haupt Bros.
District Court, S.D. New York
In Bankruptcy. On motion that receiver be directed to take into his possession, pending adjudication, certain property in the possession of the persons proceeded against.
1Opinion of the Court
HOUGH, District Judge.
A few days before the filing of a petition against Haupt Bros., they sold their stock in trade and assigned their open accounts to one Samuel Schachter. The sale was in bulk, the grantors were retail merchants, and their actual fraud and fraudulent intent entirely clear. Schachter borrowed part of the money paid to the Haupts from Schachter & Son, a firm composed of his father and brother, and shortly after the sale was consummated he repaid that debt with goods obtained by the purchase. Immediately after selling out to Schachter, the alleged bankrupts disappeared. The…
2Cases cited1 opinion
- Horner-Gaylord Co. v. Miller & BennettDistrict Court, N.D. West Virginia · 1906
3Cited by4 opinions
- In re SchachterDistrict Court, S.D. New York · 1909
- Cook v. Du Pont Cellophane Co.Court of Appeals for the Second Circuit · 1935
- Bingaman v. Commonwealth Trust Co.District Court, M.D. Pennsylvania · 1924
- In re Rosenbaum Mirror Mfg. Co.District Court, D. New York · 1935