Circuit Court of Appeals, Second Circuit.
AUGUSTUS N. HAND, Circuit Judge.
Benjamin Sperling was adjudicated a bankrupt on January 26, 1933, and on March 15 of that year petitioned for a discharge. The Cudahy Packing Company, a creditor, filed two specifications of objection as follows:
"First. — That the bankrupt has failed to explain satisfactorily any loss of assets or deficiency of assets to meet his obligations, in that the bankrupt scheduled his merchandise obligations in the sum of ...
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