In re Keeton, Stell & Co.

Citations

• 126 F. 429
• 1903 U.S. Dist. LEXIS 45

Syllabus

<p>1. Bankruptcy — Notes—Attorney’s Fees — Claims.</p> <p>Where a note executed by a bankrupt contained a stipulation for the payment of 10 per cent, attorney’s fee if the note was collected by suit, and, though the note was due at the time the bankruptcy petition was filed, it was not placed in the hands of an attorney for collection until after the proceedings were instituted, the claim for attorney’s fees was not a fixed liability absolutely owing at the time the petition was filed, under Bankr. Act July 1, 1898, c. 541, § 63, 30 Stat. 562 [U. S. Comp. St. 1901, p. 3447], and was therefore not allowable as a claim against the bankrupt’s estate.</p>