A Digest of the Bankruptcy Decisions Under the National Bankruptcy Act of 1898; Reported in the American Bankruptcy Reports. Volumes 1 to 35, Inclusive, with a Table of the Cases Digested and a Table of Sections of the Act of Volume 2

A Digest of the Bankruptcy Decisions Under the National Bankruptcy Act of 1898; Reported in the American Bankruptcy Reports. Volumes 1 to 35, Inclusive, with a Table of the Cases Digested and a Table of Sections of the Act of Volume 2

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ...sold for rent, is entitled to priority of payment as against the claims of exemption. In re Highfield, v. 21, p. 92. (D. C., Pa.) When a landlord does not approve of the using by the trustee of a hotel belonging to the bankrupt estate for the purpose, as the trustee intended, of making a profit for the landlord and creditors until a purchaser could be secured, but fails to take steps to have the hotel closed, he cannot have the trustee surcharged for the rent accruing during such period on the ground that the trustee's account prefers the creditors for supplies and wages to the exclusion of his claim. In re Bayley, v. 22, p. 249. (D. C., Pa.) A bankrupt came into possession of a lease from the tenant under an agreement which gave the tenant the right of forfeiture and re-entry in case of non-payment of rent and which waived the benefit of the exemption law in case of distress, but reserved no express right of distress to the tenant. It provided, also, for the payment of rent, equal to the rent due the landlord by the lease which the bankrupt could pay directly to him. Held, that the agreement amounted to an assignment of the lease to the bankrupt and that the tenant had no right of distress against the property on the premises at the time of filing the petition and that he, therefore, had no prior claim on the fund produced from the sale of the household goods. In re Bayley, v. 22, p. 249. (D. C., Pa.) A bankrupt came into possession of a lease from the tenant under an agreement which gave the tenant the right of forfeiture and re-entry in case of non-payment of rent and which waived the benefit of the exemption law in case of distress, but reserved no express right of distress to the tenant. It provided, also, for the payment of...show more

Product details

  • Paperback | 358 pages
  • 189 x 246 x 19mm | 640g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236789105
  • 9781236789105