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MEINHARD, GREEFF & CO. v. EDENS

No. 6243.

189 F.2d 792 (1951)

MEINHARD, GREEFF & CO., Inc. v. EDENS et al.

United States Court of Appeals Fourth Circuit.

Decided June 6, 1951.

Attorney(s) appearing for the Case

Alphonse A. Laporte, New York City (Clarke W. McCants, Jr., Columbia, S. C., on brief), for appellant and cross-appellee.

Henry Hammer, Columbia, S. C., for appellees and cross-appellants.

Waring & Brockinton, Charleston, S. C., Dwight, Royall, Harris, Koegel & Caskey, White & Case, Sperry, Weinberg & Ruskay, Hahn & Golin, and Dills, Muecke & Schelker, all of New York City, on brief of certain factoring organizations as amici curiae.

Before PARKER, Chief Judge and SOPER and DOBIE, Circuit Judges.

PARKER, Chief Judge.

These are cross appeals in the reorganization proceedings under Chapter X of the Bankruptcy Act 11 U.S.C.A. § 501 et seq., of the Carolina Mills, Inc., a cotton textile manufacturing corporation. The order appealed from allowed a claim filed by Meinhard, Greeff & Company, a textile factor, for advancements in the sum of $62,886.28 and held that of this amount the sum of $14,031.20 was secured by cotton yarn in process of manufacture upon...

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