Case Name: In re COOKE et al.
Court: United States Circuit Court for the Eastern District of Pennsylvania
Jurisdiction: United States
Decision Date: 1874-09-22
Citations: 6 F. Cas. 431
Docket Number: 
Parties: In re COOKE et al.
Judges: 
Reporter: Federal Cases
Volume: 6
Pages: 431–431

Head Matter:
Case No. 3,171.
In re COOKE et al.
[1 Wkly. Notes Cas. 10.]
Circuit Court, E. D. Pennsylvania.
Sept. 22, 1874.
Powers op Creditors under Sections 28 and 29 (27 and 2S) of Act of 1557 (14 Stat. 530, 531), where Trustee and Committee Appointed.
[NOTE. After hearing argument, the order of the district court was reversed. Case No. 3,169.]
[Petition to review an order of the district ■court of the United States for the eastern district of Pennsylvania.
[In bankruptcy. In the matter of Jay Cooke, W. G. Morehead, H. C. Fahnestock, H. D. Cooke, Pitt Cooke, G. C. Thomas, •James A. Garland, and* Jay Cooke, Jr.]
The district judge, having on the 11th of September, 1S74, ordered a meeting for the purpose of a declaration of a dividend in ■said estate, to be held the 6th of October, 1874, Edwin M. Lewis, trustee, and John Clayton et al., committee of creditors, and E. W. Clark et al., creditors, filed their petition, setting forth that the settling and winding up of the estate had been entrusted to a trustee and committee of creditors, ■and claimed that the powers given to the creditors by the 2Sth and 29th sections of the bankrupt act had been thereby waived and that said order of the district judge had been erroneously made, and prayed that said order might be so reversed or modified as in no way to “supersede, change or affect the winding up and settlement of the estate by the said trustee under the inspection and direction of said committee of creditors.”

Opinion:
Whereupon
McKENNAN, Circuit Judge,
made the following order at chambers: And now, September 22d, 1S74, the petitions of Edwin M. Lewis, trustee, and John Clayton and others, committee of the estate of Jay Cooke et al., bankrupts, and of E. W. Clark et al., creditors of said estate, having been presented at chambers, it is thereupon ordered that the same be filed, and that the argument thereon be heard at Philadelphia on the 5th day of October, 1S74, and all proceedings under the order of the 11th of September, 1874, are thereby suspended till further orders.