Case No. 17,531.

In re WHITE et al.

[2 Ben. 85;¹ 1 N. B. R. 218 (Quarto, 1).]

District Court, S. D. New York.

Jan., 1868.

BANKRUPTCY—SALE OF ASSETS BY ASSIGNEE.

No order of court is necessary to authorize the assignee to sell unencumbered assets of the bankrupt.

In this case the assignee in bankruptcy applied to the court for an order directing him to sell certain unencumbered assets of the bankrupts which had come into his hands.

BLATCHFORD, District Judge. No order is necessary. By section 15 of the bankruptcy act the assignee is required to sell all unencumbered estate, real and personal, which comes to his hands, on such terms as he thinks most for the interest of the creditors. General order No. 21 regulates the sale.

¹ [Reported by Robert D. Benedict, Esq., and here reprinted by permission.]

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