In re Assignment of the H. Penner Co.
In re Assignment of the H. Penner Co.
Opinion of the Court
The appellant was the assignee under a voluntary assignment of The H. Penner Company, a manufacturing corporation, from May 16, 1893, until September 30,. 1893, when he was removed upon petition of a majority of the creditors. He filed his final account, in which he claimed $750 for his own compensation, and $1,000 as the compensation of his attorneys, besides ten per cent, commission upon about $5,000 worth of accounts collected by them. Objections being filed to these charges, the issues were referred for trial to W. J. McElroy, Esq., who, after a long, trial, reported that the sum of $500 was a fair and reasonable charge for the services of the assignee, and that $1,000' and five per cent, upon collections was a reasonable charge for the services of the attorneys. These allowances were confirmed by the court, and the assignee has appealed. The
By the Court.— Order affirmed.
Reference
- Full Case Name
- In re Assignment of The H. Penner Company
- Status
- Published