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IN RE GANET REALTY CORPORATION

No. 111.

83 F.2d 945 (1936)

In re GANET REALTY CORPORATION. IRVING TRUST CO. v. METROPOLITAN LIFE INS. CO.

Circuit Court of Appeals, Second Circuit.

June 8, 1936.

Attorney(s) appearing for the Case

David W. Kahn, of New York City (Nathan Siegel, of New York City, of counsel), for appellant.

Tanner, Sillcocks & Friend, of New York City (Henry J. Sillcocks, of New York City, of counsel), for appellee.

Before MANTON, SWAN, and CHASE, Circuit Judges.

SWAN, Circuit Judge.

Upon a petition filed May 24, 1933, Ganet Realty Corporation was adjudicated bankrupt. Metropolitan Life Insurance Company filed its proof of claim for $287,150.20 based on deficiency judgments recovered in two actions brought in the Supreme Court of New York to foreclose first mortgages on property of the bankrupt. Prior to the filing of the petition in bankruptcy, each action had proceeded to a judgment of foreclosure and sale and the property...

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