In Re South Shore Co-Operative Ass'n

KNIGHT, District Judge.

A petition has been filed to have the South Shore Co-operative Association, Inc., adjudicated a bankrupt. The answer interposed denied bankruptcy, and alleged affirmatively that the said company is not subject to being declared a bankrupt.

The issues raised were referred to a special master to ascertain and report the facts, with his conclusions thereon. Since the reference, the alleged bankrupt has stipulated that it was insolvent at the time the petition was filed. The master reports that in his opinion the said bankrupt is subject to the bankruptcy law, and is and…