IN RE STAMLER


7 F.Supp. 406 (1934)

In re STAMLER.

District Court, D. New Jersey.

May 19, 1934.


Attorney(s) appearing for the Case

R. S. Nichols, of New York City, for trustee.

Merritt Lane, of Newark, N. J., for bankrupt.


CLARK, District Judge.

The court is constrained to order the discharge of the above-named bankrupt. It says "constrained" advisedly. Our bankruptcy system has been set up largely on a theory of "creditor control." It has been our legislative view that since the creditors are principal parties in interest they should be left to work out their own salvation. Like a great many other theories, this one overlooks the practical facts. Often the ultimate sufferers by a bankruptcy...

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