Gripton

Gripton v. Richardson

Good Law
82 F.2d 313·1936 U.S. App. LEXIS 2979
United States Court of Appeals for the Ninth CircuitFebruary 26, 1936No. 7801California480 words

Opinion

Lead Opinion

Mathews, J.

Upon a bill of complaint filed by a creditor, the District Court, sitting in equity, appointed appellee as receiver for Western Blind & Screen Company, a California corporation. Appellant filed with the receiver her claim against the corporation in the sum of $32,997.56, and asserted that payment thereof was secured by an assignment of certain corporate assets in the hands of the receiver, from the proceeds of which she demanded payment in pref *314 erence to the other creditors. The District Court appointed a special master to hear and report upon all matters relating to appellant's claim. Having heard these matters, the special master reported his findings, conclusions, and recommendations, and appellant filed exceptions thereto. The District Court overruled appellant’s exceptions and entered a decree which confirmed the special master’s report, allowed appellant’s claim in the sum of $14,392.42 and rejected her demand for preferential payment. This appeal is from that decree.

Although it did not terminate the receivership proceeding, the decree determined appellant’s rights by allowing her claim in part only and refusing to treat it as a secured or preferred claim. Such a…

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