In re Cabot

PECK, Dist. J.

Epitomized Opinion

This was a proceeding in bankruptcy of the estate of James Fred Cabot. Within a few months before the petition was filed, Cabot purchased a diamond ring for $3i00 without paying any of the purchase price. In this proceeding he declared that he had sent the ring through the mail, without registration, to a niece who never received it. The referee did not accept this statement as true, but found, nevertheless, that Cabot1 had not possession of, or power to produce, the ring at any time since the. institution of this proceeding. Cabot, as a married man, claimed…