In re Philadelphia Axle Works

19 F. Cas. 494, 1 W.N.C. 126, 1874 U.S. Dist. LEXIS 316
District Court, E.D. Pennsylvania·Decided December 17, 1874·Published

Opinion

THE COURT

held — 1. That a creditor, having once joined in the petition, cannot withdraw.

2. That it was not necessary for each creditor joining in the petition to file the proof of his debt; it was required only of the first five signers to do so.

3. That in the computation as to the requisite proportion in number, all creditors under $250 are to be excluded.

Order of adjudication.

As to the first ruling of the court, see In re Heffron [Case No. 6,321],

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In re Philadelphia Axle Works, 19 F. Cas. 494, 1 W.N.C. 126, 1874 U.S. Dist. LEXIS 316 (E.D. Pa. 1874).

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