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IN RE SIMON WELTMAN & CO.

No. 34043.

2 F.2d 759 (1924)

In re SIMON WELTMAN & CO. Ex parte STIEFEL.

District Court, S. D. New York.

May 6, 1924.

Attorney(s) appearing for the Case

David H. Gladstone, of New York City, for trustee.

Samuel Rose, of New York City, for objecting creditor.

Samuel J. Rawak, of New York City, for bankrupts.

LEARNED HAND, District Judge (after stating the facts as above).

In Re B. & R. Glove Corporation, 279 F. 372 (C. C. A. 2), the statement contained the following: "The undersigned also expressly agrees to notify Irving National Bank of any material reduction of financial responsibility." That was thought to be only an executory promise expiring with the statement itself which lasted only a reasonable time. On page 380 the case of Atlas Shoe Co. v. Bechard, 102...

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