Elbro Knitting Mills v. Schwartz

HICKS, Circuit Judge.

Max Gross-berg was adjudged bankrupt June 1, 1927. His estate passed into the hands of Schwartz, trustee in bankruptcy. On April 26 ,and April 28, 1927; Elbro Knitting Mills sold Grosberg certain bathing suits, valued at the cost of $211.50. Before Grosberg’s estate passed into the hands of his trustee, Schwartz, there was a receiver’s sale, and these bathing suits were sold thereat, but with the understanding that the proceeds thereof were to be held in place of the merchandise. On December 1, 1927, Elbro Knitting Mills, hereinafter called petitioner, filed its amended…