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HOUGHTON v. BURDEN

No. 591.

228 U.S. 161 (1913)

33 S.Ct. 491

57 L.Ed. 780

HOUGHTON, RECEIVER, v. BURDEN.

Supreme Court of United States.

Decided April, 7, 1913.

Attorney(s) appearing for the Case

Mr. Jacob B. Engel, with whom Mr. Jacob Jno. Lazaroe was on the brief, for appellant:

Mr. John J. Crawford for appellee.

MR. JUSTICE LURTON delivered the opinion of the court.

This is an appeal from a decree determining a controversy arising in a bankruptcy proceeding. The origin of the matter was this: Canfield, the bankrupt, was a merchant in New York. He borrowed from Burden the sum of $10,000, and as security assigned to him certain book accounts, aggregating the sum of $14,000, and agreed to act as agent for Burden in their collection. Shortly afterwards he was adjudicated a bankrupt...

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