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S.D. New York· 5/15/1900

In re Goldman

Citations

  • 102 F. 122
  • 1900 U.S. Dist. LEXIS 195

Syllabus

<p>Execution Sales — Time for Redemption — Bankruptcy of Debtor — Stay.</p> <p>Where a creditor, holding a judgment which constituted a valid legal lien on real estate of his debtor, caused the same to be sold on execution and bid in the property, and, pending the period allowed by the state law for redemption, the debtor was adjudged bankrupt, but his trustee was not appointed until after the expiration of such period, and thereafter the sheriff made a deed of the property in question to the purchaser, held, that the time for redemption was not enlarged by the intervening bankruptcy proceedings, and that the purchaser’s title under the sheriff’s deed was valid as against the trustee in bankruptcy. Stay of proceedings continued sufficient to give trustee opportunity to bring plenary suit to set aside fraudulent conveyance.</p> <p>(Syllabus by the Court.)</p>

Judges: Brown

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