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IN RE COATES, BENNETT & REIDENBACH

No. 8838.

8 F.2d 757 (1925)

In re COATES, BENNETT & REIDENBACH, Inc.

District Court, W. D. New York.

October 28, 1925.

Attorney(s) appearing for the Case

Peck & Whitbeck, of Rochester, N. Y. (Ernest C. Whitbeck, of Rochester, N. Y., of counsel), for claimant.

Hubbell, Taylor, Goodwin & Moser, of Rochester, N. Y., for trustee.

HAZEL, District Judge.

The question submitted for review is whether the claimant, Genesee Valley Trust Company, used such care and diligence in endeavoring to obtain possession of property, pledged as collateral security for its debt on promissory notes made by the bankrupt, as a reasonably careful and prudent person would use under the same circumstances. The referee concluded that claimant was guilty of laches, and failed...

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