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IN RE LIPMAN

No. 11700.

50 F.2d 948 (1931)

In re LIPMAN.

District Court, D. Connecticut.

April 17, 1931.

Attorney(s) appearing for the Case

Hungerford & Saxe, of New Britain, Conn. (William C. Hungerford, of New Britain, Conn., of counsel), for bankrupt.

Leo V. Gaffney, of New Britain, Conn., for Commercial Trust Co. of New Britain, a creditor.

David L. Nair, of New Britain, Conn., for trustee.

Julius Apter, of Hartford, Conn., for Acme Upholstery Co.

HINCKS, District Judge.

In this matter a report of the special master sets forth that an offer was made by the bankrupt of a composition of 20 per cent. to common creditors and payment in full of preferred claims together with administration expenses, which offer was accepted by a majority in number and amount of creditors who had filed proofs of claim.

On hearing before the referee on the bankrupt's application for...

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