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WOOLEN CORPORATION OF AMERICA v. GITNIG

No. 4048.

33 F.2d 259 (1929)

WOOLEN CORPORATION OF AMERICA v. GITNIG et al.

Circuit Court of Appeals, Third Circuit.

June 5, 1929.

Attorney(s) appearing for the Case

C. B. Wagoner and J. Wesley McWilliams, and Charles S. Wesley, all of Philadelphia, Pa., for appellant.

Julius C. Levi, David Mandel, Jr., Joseph A. Keough, and Alvin L. Levi, all of Philadelphia, Pa., for appellees.

Before BUFFINGTON, Circuit Judge, and THOMSON and SCHOONMAKER, District Judges.

SCHOONMAKER, District Judge.

January 25, 1928, David Gitnig and Nathan Gitnig, individually and as copartners trading as Joseph Gitnig & Sons, were adjudged bankrupts, on their own petition. The same day the bankrupts made a composition offer of 33 1/3 per cent., payable partly in cash and partly in notes. This offer was, after objection filed by the Woolen Corporation of America, enlarged to 35 per cent. payable all cash. The amended offer and objections were...

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