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IN RE GENERAL INSECTICIDE CO.

No. 124, Docket 32549.

403 F.2d 629 (1968)

In the Matter of GENERAL INSECTICIDE CO., Inc., Bankrupt.

United States Court of Appeals Second Circuit.

Decided November 14, 1968.

Attorney(s) appearing for the Case

Kenneth A. Payment, Rochester, N. Y. (Wiser, Shaw, Freeman, VanGraafeiland, Harter & Secrest, Rochester, N. Y., on the brief), for appellant Robfogel Mill-Andrews Corp.

(Kiley, Feldmann, Whalen, Fuller & Devine and James J. Devine, Jr., Oneida, N. Y., on the brief), for appellee trustee in bankruptcy.

Before FRIENDLY, ANDERSON and FEINBERG, Circuit Judges.

ANDERSON, Circuit Judge:

On March 14, 1967, the Trustee in Bankruptcy petitioned the Referee for an order authorizing the private sale of a Weldetron Sealer and a Power Weld Plastic Sealer to Oneida Die Press Specialties, Inc. for $380. The Trustee represented that no higher price could be obtained at public auction and, in addition, the expense of an auction would thereby be saved. Accepting the view that $380 was the "best price available," the Referee issued an...

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