In re J & J Baking Co.

In a general assignment proceeding for the benefit of creditors, pursuant to statute (Debtor and Creditor Law, art. 2), Aaron Feinberg and George Feinberg, the holders of a chattel mortgage theretofore executed by the corporate assignor on certain of its equipment, appeal: (1) from an order of the Supreme Court, Queens County, dated June 14, 1962, which granted the motion of the assignee Stein to cancel said mortgage; and (2) from so much of an order of said court, dated and entered the same day, as denied their motion for reargument. Order of June 14, 1962, reversed, with $10 costs and…