MATTER OF GEOGHAN (N. Y. CREDIT MEN'S ADJUST. BUR.)


200 Misc. 945 (1951)

In the Matter of the General Assignment for the Benefit of Creditors of Howard J. Geoghan et al., Copartners Doing Business as R & H Electric Company, Assignors, to New York Credit Men's Adjustment Bureau, Inc., Assignee.

Supreme Court, Special Term, Bronx County.

September 6, 1951.


Attorney(s) appearing for the Case

Harold J. Keefe for National City Bank of New York.

Levin & Weintraub for assignee.


MATTHEW M. LEVY, J.

In the early part of 1951, R & H Electric Company, a retail dealer in electrical and gas ranges, refrigerators, etc., received certain merchandise from several sellers. Some payment was made on account, but the substantially greater part of the purchase price was unpaid. The credit transactions involved arrangements with the National City Bank of New York, whereby the merchandise was acknowledged...

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