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IN RE A. C. KELLY & CO.

No. 51104.

6 F.Supp. 221 (1933)

In re A. C. KELLY & CO., Inc.

District Court, S. D. New York.

November 25, 1933.

Attorney(s) appearing for the Case

Lucille C. Bunzl, of New York City, for petitioner.

Hughes, Schurman & Dwight, of New York City (John R. McCullough, of counsel), for trustee.

PATTERSON, District Judge.

Hackl in June, 1930, sold certain oil rights to the bankrupt and delivered mineral deeds covering such rights. The bankrupt credited Hackl with the sum of $2,000 in payment, but he never received this sum. In May, 1931, an involuntary petition was filed, followed by adjudication. The oil rights being found among the bankrupt's assets, Hackl brought a reclamation proceeding.

The bankrupt conducted a stock brokerage business. By the...

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