Case Name: In re GERSON
Court: United States District Court for the Eastern District of Pennsylvania
Jurisdiction: United States
Decision Date: 1901-01-26
Citations: 105 F. 893
Docket Number: No. 4
Parties: In re GERSON.
Judges: 
Reporter: Federal Reporter
Volume: 105
Pages: 893–893

Head Matter:
In re GERSON.
(District Court, E. D. Pennsylvania.
January 26, 1901.)
No. 4.
Bankruptcy — Proving Claims — Debtor op Bankrupt.
A creditor of a bankrupt, who is also Ms debtor in a larger amount, will not be permitted to prove Ms claim against the estate so long as Ms own debt remains unpaid.
In Bankruptcy. On certificate of referee concerning disallowance of claim of Isaac Gerson.
Emanuel Furth, for creditor.
Julius O. Levi and Jos. L. Greenwald, for trustee.

Opinion:
J. B. McPHERSON, District Judge.
I am entirely satisfied with the conclusion reached by the referee that this claim should, for the present, be disallowed. He believed the testimony to justify the inference that Isaac Gerson was really a part owner of the bankrupt's business, and therefore that his claim for rent should not be allowed until the other creditors had been paid. I do not dissent from that inference; but, as another ground for postponing the claim is sufficient, I rest my approval of the referee's decision upon that ground alone, namely, that Isaac Gerson is indebted to the bankrupt in a much larger sum than the rent now claimed.
The rejection of the claim is accordingly approved.