Case Name: Edward G. O'Connor et al. vs. Consolidated Mortgage and Investment Corporation
Court: Rhode Island Superior Court
Jurisdiction: Rhode Island
Decision Date: 1931-11-02
Citations: 8 R.I. Dec. 102
Docket Number: Eq. No. 10686
Parties: Edward G. O’Connor et al. vs. Consolidated Mortgage and Investment Corporation
Judges: 
Reporter: Rhode Island Decisions
Volume: 8
Pages: 102–103

Head Matter:
Edward G. O’Connor et al. vs. Consolidated Mortgage and Investment Corporation
Eq. No. 10686.
November 2, 1931.

Opinion:
CHURCHILL, J.
In re Petition of Receiver for instructions relative to an offer of compromise submitted by John A. Bennett and Ira Marcus.
On the face of the testimony the parties submitting the offer to compromise are probably liable to the Receiver.
For Receiver: Isadore S. I-Iorenstein.
For J. A. Bennett & Ira Marcus: Francis J. O'Brien.
The amount involved is so far in excess of the offer of .$12,000 that, in the opinion of the Court, the Receiver would not be warranted in accepting such sum in settlement and compromise. The offer is therefore rejected but without prejudice.