SCHOONMAKER, District Judge.
A composition offer of bankrupt, calling for the payment of 55 per cent. of claims against the estate, payable 25 per cent. in cash and 30 per cent. in two years, secured by mortgage on joint real estate of bankrupt and his wife, was confirmed absolutely by the court on March 28, 1922. This mortgage was in fact a third lien on the property in question.
Upon the confirmation of the composition, the trustee was allowed and received...
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