In re Belfast Mesh Underwear Co.

Citations

• 153 F. 224
• 1907 U.S. Dist. LEXIS 275

Syllabus

<p>Bankruptcy — Acts op Bankruptcy — Appointment op Receiver.</p> <p>The appointment of a receiver for a corporation under Pub. Acts Conn. 1903, p. 158, e. 194, § 20, which authorizes proceedings for the dissolution of a corporation and the appointment of a receiver therein on various stated grounds, which do not include insolvency by name, or for other “good and sufficient reason,” may constitute an act of bankruptcy under Bankr. Act July 1, 1898, c. 541, § 3a (4) 30 Stat. 546 [U. S. Comp. St. 1901, p. 3422], as amended by Act Feb. 5, 1903, c. 487, § 2, 32 Stat. 797 [U. S. Comp. St. Supp. 1905, p. 683], where the record and findings in the state court show that the apiiointment was in fact, although not in name, made “because of insolvency.”</p> <p>[Ed. Note. — For cases in point; see Cent. Dig. vol. 6, Bankruptcy, § 80.]</p>