In re Keefer
In re Keefer
Opinion of the Court
Opposition to discharge on specifications filed by Rowland Swift, a creditor who has proved his debt against the said bankrupt’s estate.
The first specification is substantially, that the bankrupt, on the 12th day of March, 1861. caused certain real estate to be conveyed to his wife, Elmira C. Keefer, with intent to hinder, delay, and defraud the creditors of the said bankrupt. In Re Rosenfield [Case No. 12,058], Judge Field, of the district of
The second specification is, in substance, that on the 25th day of May, 18(58, the bankrupt, in contemplation of bankruptcy, and by way of preference, and to prevent the same from coming to the hands of his assignee, sold certain real estate to one Henry Wal-dron. This specification is not supported by the proofs. It appears that the land was sold by the bankrupt for cash, and for the purpose of procuring means to defray his expenses in the contemplated bankruptcy proceedings. It is well settled that a bankrupt may use money for that purpose, and I can see no good reason why he may not sell property to raise money for the same purpose, provided he does not sell at a sacrifice, and that the sum so raised is reasonable in amount.
The third specification is not sustained for the same reasons above given as to the second.
The fourth and last specification is, in substance, that the bankrupt “fraudulently neglected and willfully omitted to include” certain specified personal property claimed to be owned by the wife of the bankrupt, “and all the above described real estate in his petition and inventory.” But here again, as in the first specification, there is no allegation of willful false swearing, as is necessary to make the specification conform to the requirements of section 29 of the bankrupt act. The opposition to discharge is therefore not sustained.
Reference
- Full Case Name
- In re KEEFER
- Cited By
- 1 case
- Status
- Published