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IN RE LIPMAN

No. 351.

65 F.2d 366 (1933)

In re LIPMAN.

Circuit Court of Appeals, Second Circuit.

May 8, 1933.

Attorney(s) appearing for the Case

Hungerford & Saxe, of New Britain, Conn. (Frederick B. Hungerford, of New Britain, Conn., of counsel), for appellant.

Donald Gaffney and Leo V. Gaffney, both of New Britain, Conn., for appellee.

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

AUGUSTUS N. HAND, Circuit Judge.

On February 27, 1931, A. D. Lipman filed a voluntary petition in bankruptcy, and the following day he was adjudicated a bankrupt. With his petition he filed an offer of composition of 20 per cent., and deposited with the trustee the sum of $5,100 to substantiate the offer. Thereafter Frederick A. Searle, as receiver of the Commercial Trust Company, the appellee in the present proceedings, filed specifications of objections to confirmation...

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