(DOWNLOAD) "Chaney v. Stover." by Fourth Circuit Circuit Court Of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Chaney v. Stover.
- Author : Fourth Circuit Circuit Court Of Appeals
- Release Date : January 28, 1946
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 51 KB
Description
This is another appeal in the bankruptcy proceeding which was before us in Chaney v. Stover, 4 Cir., 123 F.2d 945. Mrs. Chaney, the appellant, is a farmer who filed a petition under section 75 of the Bankruptcy Act, 11 U.S.C.A. 203, and later amended it under section 75 sub. s, asking to be adjudged a bankrupt. The lower court had entered order dismissing the petition on the ground that debtor was not a farmer; and on the former appeal we reversed that order and remanded the case for further proceedings under 75, sub. s. Appellant was adjudged bankrupt in January, 1942, and in July of that year an order was entered appraising at $5,500 the real estate covered by the mortgage she had given to Stover, the appellee, and granting appellant a stay of three years in the foreclosure of the indebtedness on condition that she pay $500 per year as rent for the property and $330 per year in addition to be applied toward payment of the mortgage indebtedness. The rent was to be paid in semi-annual installments, and three installments were paid, the last being on January 20, 1944. The other payments were to be made quarterly and the last was made on April 20, 1944.