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IN RE MIRACLE MART, INC.

No. 66 B 958.

293 F.Supp. 417 (1968)

In the Matter of MIRACLE MART, INC., Debtor.

United States District Court S. D. New York.

August 6, 1968.

Attorney(s) appearing for the Case

Ballon, Stoll & Shyman, New York City, for debtor.

Sahn, Shapiro & Epstein, New York City, for Franklin National Bank.

MEMORANDUM OPINION

MOTLEY, District Judge.

This is a petition by the debtor, Miracle Mart, Inc., to review an order of the referee, Asa S. Herzog, which held that the Bankruptcy Court lacked summary jurisdiction to determine the debtor's rights to $22,475.00 set off by Franklin National Bank. Affirmed.

On December 10, 1966, Miracle Mart, Inc. had on deposit with Federation Bank and Trust Company ("Federation") the sum of $22,475.00. On that day,...

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