In re the General Assignment of Allom

In September, 1932, Charles L. Roberson sold certain furnishings and works of art to the partnership of White Allom & Co. under a written contract of conditional sale, pursuant to which title was to vest in the buyers upon payment of the purchase price. The selling price was $49,241.33, of which only $840.46 was paid at the time of the sale, leaving due a balance of $48,400.87. Thereafter, the corporation, White Allom and Charles Roberson of London, Inc., succeeded to the rights and obligations of the partnership under the contract of sale. On account of default in payment of the purchase…