Case Name: In re SHERBURNE
Court: United States District Court for the Eastern District of Missouri
Jurisdiction: United States
Decision Date: 1868
Citations: 21 F. Cas. 1265
Docket Number: 
Parties: In re SHERBURNE.
Judges: 
Reporter: Federal Cases
Volume: 21
Pages: 1265–1265

Head Matter:
Case No. 12,768.
In re SHERBURNE.
[1 N. B. R. 558 (Quarto, 155).]
District Court, E. D. Missouri.
1868.
Bankruptcy — Motion to Dismiss.
After nil adjudication has been made, it is too late to make a motion to dismiss the proceedings and settle with the debtor. If. however, the parties desire to make a settlement they may proceed under section 43 of the bankrupt act [of 1867 (14 Stat. 5381], and have the estate wound up by trustees.
Upon petition of creditors, the debtor had been adjudged a bankrupt. Motion was made for leave to dismiss proceedings and to settle with the debtor.
[Reprinted by permission.]

Opinion:
TREAT, District Judge.
This motion comes too late. After the adjudication all the creditors have a right to jiresent their claims and have the estate of the debtor wound up under the proceedings in bankruptcy. If the parties desire to make a settlement, they may proceed under section 43 of the act, and have the estate wound up by trustees. Motion overruled.