In re Delpark, Inc.
Court of Appeals for the Second Circuit
1Opinion of the Court
SWAN, Circuit Judge.
Mrs. Corbin’s proof of claim alleged a loan of $30,000 to the bankrupt of which $25,-000, with interest thereon from April 30, 1931, remained unpaid at the date of the filing of the petition in bankruptcy. The trustee’s objections to the claim denied the making of the loan. Testimony was taken before a referee in bankruptcy, who allowed the claim in the sum of $22,500, with interest. Both parties petitioned for review by the District Court. Its order allowed the claim for the full amount.
In the summer of 1930 the bankrupt corporation was in need of money to meet bank loans…
2Cases cited9 opinions
- Coleman v. . First National Bank of ElmiraNew York Court of Appeals · 1873
- Baldwin v. Bank of NewburySupreme Court of the United States · 1864
- Megowan v. . PetersonNew York Court of Appeals · 1902
- Casco National Bank of Portland v. ClarkNew York Court of Appeals · 1893
- New Georgia National Bank of Albany, Georgia v. J. & G. LippmannNew York Court of Appeals · 1928
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3Cited by2 opinions
- Brown v. SmithCourt of Appeals for the Second Circuit · 1934
- Stage Door Restaurant, Inc. v. LN HILL COMPANYDistrict of Columbia Court of Appeals · 1969