In re Staunton

Citations

• 117 F. 507
• 1902 U.S. Dist. LEXIS 80

Syllabus

<p>1. Bankruptcy—Exemptions.</p> <p>Exemptions in bankruptcy can only be allowed under the provisions of the various statutes of the states on the subject.</p> <p>3. Same—Exemptions from Proceeds of Property.</p> <p>Since, under the law of Pennsylvania, exemptions can be allowed to a debtor only from specific articles of personal property, including cash or valuable securities, a bankrupt, having elected to take a part of his exemption in personal property, was not entitled to take the balance from the proceeds of other, property sold by his assignee for the benefit of creditors before bankruptcy proceedings were instituted.</p>