In re Shulman
District Court, E.D. Pennsylvania
In Bankruptcy. Proceedings against Louis Shulman and others, trading as Louis Shulman & Bro. On certificate to review a referee’s order denying the application of the Bank of Commerce for the proceeds of the sale of certain raincoats alleged to have been pledged to the bank by the bankrupts as security for a loan.
1Opinion of the Court
J. B. McPHFRSON, Circuit Judge.
This certificate brings up for review the refusal of the referee (D. W. Amram, Esq.) to support the claim of the Bank of Commerce to be the assignee of certain raincoats ■ — either the vendee or the pledgee. The coats were the product of the bankrupts’ factory; and, as they were in the firm’s possession when *130the involuntary petition was filed, the referee was right unless the bank’s title was better than the prima facie title of the trustee. The facts now important are as follows:
As part of its business in the city of Philadelphia the bank lends money upon the…
2Cases cited3 opinions
- Century Throwing Co. v. MullerCourt of Appeals for the Third Circuit · 1912
- Bank of North America v. Penn Motor Car Co.Supreme Court of Pennsylvania · 1912
- Guarantee Title & Trust Co. v. First Nat. Bank of HuntingdonCourt of Appeals for the Third Circuit · 1911
3Cited by3 opinions
- In re A. E. Fountain, Inc.Court of Appeals for the Second Circuit · 1922
- In Re Bernard & KatzCourt of Appeals for the Second Circuit · 1930
- Knowles v. RitterCourt of Appeals for the Second Circuit · 1930