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IN RE LAUBHEIM BROS.

No. 45.

22 F.2d 910 (1927)

In re LAUBHEIM BROS., Inc.

Circuit Court of Appeals, Second Circuit.

December 5, 1927.

Attorney(s) appearing for the Case

Julius D. Tobias, of New York City, for appellant.

Kopp, Markewich & Null, of New York City (Samuel Null, of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

SWAN, Circuit Judge.

After adjudication the bankrupt offered terms of composition to its creditors, and an order was entered June 5, 1926, confirming the composition. The precise terms of the offer of composition are not disclosed, but the appellant, Charles Newmark, supplied cash and his notes to make possible the composition, and the same were deposited with the court before the order of confirmation was entered. Thereafter, and within a year after adjudication...

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