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BACHRACK BROS. v. FURST

Nos. 5765, 5766, 5767.

91 F.2d 11 (1937)

BACHRACK BROS., Inc., v. FURST et al. (three cases).

Circuit Court of Appeals, Third Circuit.

June 19, 1937.

Attorney(s) appearing for the Case

Bilder, Bilder & Kaufman, of Newark, N. J. (Walter J. Bilder, of Newark, N. J., of counsel), for appellant.

Morris H. Cohn, of Newark, N. J. (George Furst, of Newark, N. J., of counsel), for receiver.

Seymour J. Solomon, of Newark, N. J., for appellee Kantor.

Before BUFFINGTON, THOMPSON, and BIGGS, Circuit Judges.

BUFFINGTON, Circuit Judge.

In the bankruptcy of B. Kantor, Inc., by the agreement of a majority of its creditors and, with the consent of the referee, John Kantor, in writing, agreed to buy its assets and to pay therefor: (a) All costs of administration; (b) taxes, except those on real estate; (c) all priority claims; (d) the obligations incurred by the receiver and trustee in the operation of the business; and (e) 20 per cent. to all unsecured creditors whose claims...

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