Gazin v. Norton

Citations

• 38 F. 200
• 1889 U.S. App. LEXIS 2808

Syllabus

<p>Bankruptcy — Assignee’s Costs and Expenses.</p> <p>Under Rev. St. U. S. § 5099, providing that the assignee in bankruptcy shall be allowed out of the money in his hands “all the necessary expenditures made by him in the discharge of his duty, and a reasonable compensation for his services, ” where creditors have in good faith brought suit against the as-signee, and been defeated, and the estate is insufficient to pay both their costs and the costs and counsel fees of the assignee, the assignee is entitled to preference. .</p>