In re Ideal Upholstering Co.

BREWSTER, District Judge.

In the course of the administration of the above estate, Albert Freedman filed a petition praying that the trustee pay over to him $604, the proceeds of certain accounts receivable which had been assigned by the bankrupt to Freedman prior to the filing of the petition in bankruptcy. The referee denied the petition.

In his certificate it appears that on July 21, 1927, Freedman loaned to the bankrupt $2,000, taking as security for the loan accounts receivable of the face value of $2,650. The assigned accounts were all outstanding at the time of the assignment, but no…