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IN RE HUGUENOT PUB. CO.

No. 342.

83 F.2d 258 (1936)

In re HUGUENOT PUB. CO., Inc. TAYLOR v. FOLSOM.

Circuit Court of Appeals, Second Circuit.

April 13, 1936.

Attorney(s) appearing for the Case

Alexander & Schwach, of New York City (Jacob J. Alexander, of New York City, of counsel), for respondent-appellant.

Samuel J. Siegel, of New York City, for petitioner-appellee.

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

AUGUSTUS N. HAND, Circuit Judge.

Folsom, a purchaser at a sale of the bankrupt estate of Huguenot Publishing Company, Inc., appeals from an order of the District Court directing him to pay $10,231.06 to the trustee in order to make good the loss to the estate because he had failed to take title and the property had been sold subsequently at a lower price.

Some time after the adjudication in bankruptcy, the referee ordered a sale at auction of chattels of the...

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