In re Lake Jackson Sugar Co.

Citations

• 129 F. 640
• 1904 U.S. Dist. LEXIS 307

Syllabus

<p>1. Bankruptcy — Involuntary Bankrupts — Persons Engaged in Farming-Corporations.</p> <p>Bankr. Act July 1, 1898, c. 541, § 4b, 30 Stat. 547 [U. S. Comp. St. 1901, p. 3423], provides that any natural person except a wage-earner or a person engaged chiefly in farming or the tillage of the soil, and any corporation principally engaged in manufacturing, trading, etc., owing debts to the amount of $1,000 or over, may be adjudged an involuntary bankrupt. Held, that a person engaged chiefly in farming or the tillage of the soil should be construed to apply only to natural persons, and not to corporations.</p> <p>2. Same — Evidence.</p> <p>Evidence held insufficient to establish that a corporation against which involuntary bankruptcy proceedings were brought was engaged chiefly in farming or the tillage of the soil, within Bankr. Act July 1, 1898, e. 541, § 4b, 30 Stat. 547 [U. S. Comp. St 1901, p. 3423], providing that any natural person except a wage-earner or a person engaged chiefly in farming or the tillage of the soil, eite., may be adjudged an involuntary bankrupt.</p> <p>1[ 1. What persons are subject to bankruptcy laws, see note to Mattoon Nat Bank v. First Nat. Bank, 42 C. C. A. 4.</p>