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IN RE MORASCO

No. 305, Docket 23884.

233 F.2d 11 (1956)

Matter of Michael MORASCO, Bankrupt. I. Louis Kottler, Trustee-Appellee, Mercury Dry Cleaning Equipment Co. and Kaypan Dry Cleaning Machinery Corp., Appellants.

United States Court of Appeals Second Circuit.

Decided May 7, 1956.

Attorney(s) appearing for the Case

Michael Friedman, New York City, for trustee-appellee.

Armende Lesser, New York City, for appellants.

Before FRANK, MEDINA and WATERMAN, Circuit Judges.

WATERMAN, Circuit Judge.

The bankruptcy petition of one Morasco was filed January 20, 1955. Appellant, Mercury Dry Cleaning Equipment Company, had previously sold items of dry-cleaning equipment, and the other appellant, Kaypan Dry Cleaning Manufacturing Corporation, an oil burner and equipment, to the bankrupt and a former partner of his. The purchasers executed conditional sales contracts, one to each vendor. The partnership...

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