Page: 405↓
The Sheriff awarding sequestration under the Bankruptcy Act, appointed a meeting of creditors to be held on a certain specified day for the purpose of electing a trustee and commissioners. The day fixed by the Sheriff, however, did not leave sufficient time to insert the statutory notice of meeting in the Gazette, and thereafter to allow the statutory interval to elapse before holding the meeting. On an application by the bankrupts and certain of their creditors, praying the Court to fix another day, the Court granted the prayer of the petition periculo petentis.
Counsel for Petitioners— Alison. Agents— Webster, Will, & Ritchie, S.S.C.