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IN RE SUSQUEHANNA SILK MILLS

No. 59955.

10 F.Supp. 787 (1935)

In re SUSQUEHANNA SILK MILLS.

District Court, S. D. New York.

March 4, 1935.

Attorney(s) appearing for the Case

Breed, Abbott & Morgan, of New York City, for trustees.

Putney, Twombley & Hall, of New York City (Lemuel Skidmore, of New York City, of counsel), for creditor.

PATTERSON, District Judge.

Receivers in equity of the Susquehanna Silk Mills were appointed on July 18, 1932. At that time Mitsui & Co., Limited, had five contracts for the sale of raw silk to the Susquehanna. On these contracts there were 1,360 bales of silk undelivered, and deliveries were called for in July, August, September, and October. In four of these contracts the agreed price was considerably higher than the current market price on July 18, 1932, for...

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