IN RE VOGUE BAG CO.

No. 54727.

170 F.Supp. 531 (1958)

In the Matter of VOGUE BAG CO., Inc., Bankrupt.

United States District Court E. D. New York.

December 2, 1958.


Attorney(s) appearing for the Case

Bernard M. Rifkin, Brooklyn, N. Y., for petitioning creditors.


ZAVATT, District Judge.

This is a petition to review the order of the Referee in Bankruptcy dated August 15, 1958. There is no dispute as to the facts involved in this proceeding:

(1) On August 23, 1957, Vogue Bag Co., Inc., the bankrupt, entered into an agreement with R. H. Herman & Co., Inc. under which cash was advanced to Vogue on the security of accounts receivable assigned to Herman. The agreement called for Herman to purchase accounts receivable...

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