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IN RE F. & W. GRAND PROPERTIES CORPORATION

7 F.Supp. 852 (1934)

In re F. & W. GRAND PROPERTIES CORPORATION.

District Court, S. D. New York.

June 1, 1934.

Attorney(s) appearing for the Case

Kellogg, Emery & Inness-Brown, of New York City (Murray MacElhinny, of New York City, of counsel), for petitioner.

Platt & Walker, of New York City, for trustee in bankruptcy.

PATTERSON, District Judge.

The petitioner, Manufacturers' Trust Company, holds a bond and mortgage given by the bankrupt in the sum of $30,000. The adjudication occurred on February 27, 1933, and the six-month period for filing proofs of claims by creditors expired on August 27, 1933. Although the mortgagee knew of the bankruptcy as early as May, 1933, and had dealings with the trustee at that time, it filed no proof of claim, being apparently content with its security...

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