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IN RE BETTE JANE SHOE CORPORATION

No. 47859.

87 F.Supp. 932 (1949)

In re BETTE JANE SHOE CORPORATION.

United States District Court E. D. New York.

November 4, 1949.

Attorney(s) appearing for the Case

William J. Henry, New York City, attorney for petitioning creditors and trustee.

ABRUZZO, District Judge.

A motion had heretofore come on before me to review an order of Referee Samuel C. Duberstein declaring a chattel mortgage made by the bankrupt to be a valid lien. It appears that the chattel mortgage was in the face amount of $4,500, payable in 12 equal monthly instalments of $375 each, together with interest at the rate of six per cent per annum. Nine monthly installments were paid, but the last three installments totalling $1,125 are still...

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