The New York herald., 1871-06-10
BANKRUPTCY.
Important Decision by Judge Blatchford
ON Claims Against Bankrupt Estates-A
Tedious aud Acrimonious Litigation Endsd.

Important Decision by Judge Blatchford
Claims Against Bankrupt Estates-A
Tedious aud Acrimonious Litigation Faded.
In the United States District Court Judge Batch.
lord yesterday rendered decision In the matter OF
Robert Lathrop and others, bankrupts He mad rem
dered previous decision In this case and this is
affirmed, 10 the effect "that the claims proved by
Prescott and those proved by other persons and
since purchased by Prescott are not the prop
orty OF Prescott. for the reason that he
acted for the bankrupts In purchasing such
claims, and that such claims must therefore be
rejected as nega.n The Judge goes on to say
- ,h, s.ns 4 NJ aa-tlp. But the lsSt ln which
previous occasion, aud the view then stated and
e a - n 'as s n.m Of s0;a Mr. 1G.s s'
20 .s., ne ps.aS and sh. Of The holder. n.a o. the
Principals. he eanku and such bons hde creditors Of the
isss s.s M @ ss ss.ps cA q AL. Prescott a'1s Or
40 sSs s. .. s. fpd rom the d: sS.niG asS. u
l.a rIs.so, sns Mr. Il,ssn:, ,ss unpaid
ass.. . en 90 .nd tbs. ,hs asset. 70 The ssndso the
1sss. 10 ss led :, fSecs ana sy Mr. aawtns sonid
~ emo :. he claims Of creditors FOR dividend until all
a, pss y, wen such .ss named esin, and ali the un
a. ess 1s eaes'ou on ise eviaenss now before me is
very aasrss. ons an nov called upon 70 distribute the
tshsr saeh - ths bankrups Toe question comes
siai@. se'd - 9rssSsn ana Mr. Hswsns Ss disaowed
al f~jsete4, ana that be be allowed his share OF
ssssness y h Jointly wa he other two 6ansrupts hs
frass parners. caay Aai Burtis u he 70 enjoy the
~ hss ans - eans Y sher all amount. Against the
ssea, = ,hs sses q sIds Gas 81 he repaeiaes having
h a "a s,sa Sa S Ss b.ss aso done Ss ,ow.fa. a
ssrsa-',s 'asn 80 zen sone, Wholly y Ssdy and
Hawkns fh# money that was raised 70 purchase
~ E n 80 20 ,s Esna ~ H. s~sns s 10 s The eIs,D, ri
ssa va .he is's ~ '.n f,s,son purchased CLAIMS sa
hsNas purchases rains - The amount u Sl6i These
ies as6,, aasi ~ n..suJs for whick LslhTop wa. la
u ~ tbsr froru9n ~ y freea ron The amount of In
sh3 - = fse8 y hsas oorrbuling hls share of the mo-
np shiah sen 4 satisfy ns creditors who held the
6s ir ,ts sseh r1ouy whoever they are rhe amounts
Ysla ~ ll-ssa.i al hawkins Tor The
"a H. 6snss s. as ss-s. bsore ssca estate can be dis.
fee,e .pgss y. t.nassts ~ = alssa ossr g iLem In
suhfcssa y 90 rghs q So creditors who assigned 70
tasm = 80 sau q ~ mangys ihy actually raid 20 such
hsnas sasai y ~ hsys they r.d with
..s ~ 1e.is \. ss.sss =, y. tasinsIsag sn.lr
~ a. staie fhai = the preper tubnua 70 sapern
80 fbs.. ta,s fesmas sAss.. asa tss fgai. q
tne rafinmh st frsfesa sNsh otter vii n9t ee
rott 80 sssxss,s ~ NaBkruysey are suilied be
iteF~8 s - frpu ths tedious abd troublesome
20 -aSss 49, ssss ~ ss sr.aar. Y sss ssnsrag,.
eetAFt esefee = ~ eni.red pfesain hrt tor ne
trevsa sets, wa tnisFs.i seeana fof payment
rs 81 ~ - Il unpsl improved dsotsl VITA interest
ssa a. etss iss dls6ur.smsals asa expenses u Iae
se-ns. 49, eees as ~ isss q ~ ssgsr And clerk
s~s-.i 80 ! ~ hs.kus u - ls ~a interest afis
90 - a.a.lsl Z - fe.uasr q ths essss ~ The ssss
TIE lnig4uoa y thls case has extended over a
perloa ~ lhFcc rear4 and PROBABLY toe United
states eosft Ia ~ beard the end Of ~