MATTER OF PORTSMOUTH NEWSPAPERS, INC.

No. 17626.

157 F.Supp. 640 (1958)

Matter of PORTSMOUTH NEWSPAPERS, Inc., Bankrupt.

United States District Court E. D. Virginia, Norfolk Division.

January 8, 1958.


Attorney(s) appearing for the Case

Cantor, McMullan & Cantor, Robert Cantor, Richmond, Va., for petitioner.

Leonard G. Karp, Portsmouth, Va., for intervening petitioner.

Worthington, White & Harper, William C. Worthington, Norfolk, Va., for trustee in bankruptcy.


WALTER E. HOFFMAN, District Judge.

The question presented by the petition for review filed herein by Sheldon F. Sackett is essentially confined to a determination of what assets Sackett acquired in the purchase of the assets of the bankrupt estate pursuant to a sealed upset bid submitted to the Referee in Bankruptcy on May 22, 1957, or, stated otherwise, is Sackett entitled to a credit of $19,038.34 on account of the total...

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