In re Kyle

181 F. 617, 1910 U.S. App. LEXIS 5601
CourtU.S. Circuit Court for the District of Massachusetts
DecidedSeptember 8, 1910
DocketNo. 690
StatusPublished
Cited by1 cases

This text of 181 F. 617 (In re Kyle) is published on Counsel Stack Legal Research, covering U.S. Circuit Court for the District of Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Kyle, 181 F. 617, 1910 U.S. App. LEXIS 5601 (circtdma 1910).

Opinion

LOWELL, Circuit Judge.

This is a case arising under the bankrupt act of 1867 (Act March 2, 1867, c. 176, 14 Stat. 517). Certain creditors of the estate of the bankrupt Sweetser filed a petition in the District Court representing that Kyle and Dowse, assignees of the estate, had received from the estate certain sums of money, part of which they had not deposited in a duly designated bank; but a part of the money so received had been taken by Kyle to his own use. The creditors prayed:

[618]*618• “That said assignees may be required forthwith to' return said money wrongfully taken by them as aforesaid, and for such other relief in the premises as may-seem to the court-reasonable and proper.”

To this the assignees filed an answer stating in general that the sums taken or retained by Kyle were retained in payment of services and-disbursements made by him in the conduct of the litigation which produced the money for the estate; and further that all moneys received by them as assignees are now upon deposit in a statutory repository.

The petition and answer appear to have been sent to the register in accordance with the usual procedure. In his report he says, “The facts, briefly stated, are as follows.” These facts, with the register’s opinion on the questions presented by the petitioners, are contained in his report, and so far as that report contains statements of fact these may be taken to be the register’s findings. At the close of his report, after an expression of opinion upon the questions involved, he made the following “Rulings and Findings: Rulings”:

“(1) It. is the duty of an assignee receiving moneys belonging to the estate to deposit the same in some authorized depository. I find that Mr. Kyle, assignee in the Sweetser ease, violated that duty by using his own unauthorized bank account for that purpose.
“(2) It is the duty of an assignee claiming compensation for services rendered to obtain, before taking the same, an order of court fixing the amount of the same and authorizing payment. I find that Mr. Kyle, the assignee, violated this duty by paying himself the sum of $4,252.76 for services, without first obtaining the approval of court.
“(3) Mr. Kyle, assignee, violated his duty in both the above acts, by doing the same without obtaining authority from his co-assignee.'
“(4) An assignee, having taken money unlawfully, should be ordered to repay the same forthwith.”

• No further findings appear. At the respondents’ request, the learned register certified and reported to the district judge “all questions raised by the foregoing report.”

The learned judge of the District Court filed an opinion setting out the facts as follows:

' “As the result of long-pefiding litigation finally determined by the decision of the United States Supreme Court in Hammond v. Whittredge, 204 U. S. 538 [27 Sup. Ct. 396, 51 L. Ed. 606], aflirming the judgment or decree of the Supreme Judicial Court of Massachusetts in Whittredge v. Sweetser, 189 Mass. 45 [75 N. E. 222], the respondent Kyle received toward the satisfaction of said judgment $2,661.25 in October, 1907, and $17,446.32 in January, 1908, in all $20,107.57.
“These payments were made by the trustee under the will of Solon O. Richardson, against whom the judgment had been entered, in partial payment of the amount due from him. He delivered checks aggregating the above amounts to the respondent Kyle, who gave receipts for them on behalf of his co-assignee Dowse and himself, signing the receipt as follows:
“ ‘William B. H. Dowse,
“ ‘Warren Ozro Kyle,
“ ‘Assignees in Bankruptcy of E. L. Sweetser,
“ ‘By Warren O. Kyle.’
“Proceedings in this case are governed by the bankruptcy act of 1867 and by the general orders of the Supreme Court in pursuance thereof. Section 17 of that act requires an assignee as soon as may be after receiving any money belonging to an estate to deposit it in some bank in his name as assignee, or otherwise keep it distinct and apart from all other money ■ in his possession. Rev. St.. § 5059. No. 28 of the general orders referred to pro[619]*619vides for the designation by the District Court of national banks as depositories in which all moneys received by assignees shall be deposited, and that every assignee shall deposit all sums received by him on account of any bankrupt estate in one designated depository. It also provides that no money so deposited shall be drawn from such depository except upon a check or warrant signed by the clerk of the court, or by an assignee, and countersigned by the judge or register. These requirements have not been complied with in respect of all the money received by Kyle as above. $15,000 only' has been so deposited. The remaining $5,127.57 has never been so deposited. Kyle has paid $500 of it to the register on account of fees due him and has used $374.81 of it in paying sundry current expenses in connection with the litigation. To the disposition made of this $874.81 the petitioners do not object. The remaining $4,252.76 Kyle has deposited to his own personal account in a bank not designated as a depository. To the disposition made by him of this $4,252.76 the petitioners do object, and they ask that he be ordered to deposit it in; the same account with the $15,000.
“In their joint answer to the petition, the assignees deny that the above amount of $5,127.57 was received by them ‘as assignees.’ and allege that this amount was received by Kyle as their attorney, ‘who had rendered professional services and made advances for the estate for very many years.’ It was retained by Kyle, according to the allegations of the answer, ‘in payments of services and disbursements made by him in the conduct of prolonged litigation conducted by him for the benefit of the estate, said litigation covering proceedings in the probate and Supreme Courts of this commonwealth and in District, Circuit, and Supreme Courts of the United States, prosecuted in the effort to secure the estate of the bankrupt and for the benefit of the creditors.’ The answer goes on to deny that any unnecessary expense has been incurred and to allege that all moneys received by them ‘as assignees’ have been duly deposited. It alleges no other reason against making of the order prayed for.
“The petition and answer, having been filed in court, were referred to the register for his action thereon. After a hearing, he has found the facts and has certified and reported, at the respondents’ request, all questions thereby raised. In his finding of facts are included further details in connection with the facts above recited; but these, for the most part, do not seem essentially important upon the questions to be decided. The evidence before him accompanies the report.
“Mr. Kyle offered before the register to prove that, as counsel for the assignees, he had rendered services and incurred expenses at various times, since the early part of 1901, in various proceedings relating to the estate before state or federal courts, and that a fair remuneration and reimbursement to him therefor would exceed the $4,252.76 here in question.”

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Related

In re Sweetser
240 F. 174 (D. Massachusetts, 1914)

Cite This Page — Counsel Stack

Bluebook (online)
181 F. 617, 1910 U.S. App. LEXIS 5601, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-kyle-circtdma-1910.