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FIERMAN v. SEWARD NAT. BANK

No. 97.

37 F.2d 11 (1930)

FIERMAN v. SEWARD NAT. BANK OF NEW YORK.

Circuit Court of Appeals, Second Circuit.

January 3, 1930.

Attorney(s) appearing for the Case

Willcox, Swiger & Chambers, of New York City (Arlen G. Swiger, of New York City, Frederic L. Clark, and Andrew R. McCown, both of Philadelphia, Pa., Leo Oppenheimer and Milton P. Kupfer, both of New York City, of counsel), for appellant.

David W. Kahn, of New York City, for appellee.

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

SWAN, Circuit Judge (after stating the facts as above).

[1, 2] It is elementary that the Pennsylvania bankruptcy court had jurisdiction to collect and distribute the estate of the Pennsylvania bankrupt, the Hardwood Company. When the bankrupt's property was sold free of liens, the liens upon the property became rights against the substituted proceeds of sale, and claimants to this fund were obliged to assert their rights by applying to the court in whose custody it...

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