Case Name: In re GILBERT et al.
Court: United States District Court for the Northern District of New York
Jurisdiction: United States
Decision Date: 1843
Citations: 10 F. Cas. 344
Docket Number: 
Parties: In re GILBERT et al.
Judges: 
Reporter: Federal Cases
Volume: 10
Pages: 344–345

Head Matter:
Case No. 6,411.
In re GILBERT et al.
[1 N. Y. Leg. Obs. 327.]
District Court, N. D. New York.
1843.
Bankruptcy — Partnership.
It is too late after parties have been declared bankrupts as partners, to allow objections to be filed disputing their being part-' ners at the time of their application.
One of the objections to the discharge in this case was, that the bankrupts [Gilbert and Lamphier], who had petitioned for the benefit of the act as partners in trade, as such had been decreed bankrupts without objection on this ground, were not in fact part ners at the time of their application, but had •ceased to be such several years before. Depositions had been taken in support of other ■objections, and also of this: and there was strons evidence tending to show that the bankrupts were-not entitled in law to be considered partners at the time of their application.
Mr. Myers, for bankrupts.
Mr. Newton, for creditors.

Opinion:
GONKLING, District Judge.
It is too late to urge this objection. The question, whether the petitioners were partners, was directly involved in their application to be declared bankrupts. In their petition they averred that they were so, and no one appeared to contest the fact. They were therefore adjudged to be so, and were declared bankrupts accordingly, and the point must now be considered as settled. Besides, it would be highly mischievous, after a decree of bankruptcy has been entered, and the effects of the petitioners have gone into the hands of the assignee, and been wholly or in part converted into money, to allow objections which, if they should prevail, would render the whole proceeding void.