In re Hanna
105 F. 587 | E.D. Pa. | 1900
I agree with, the referee in holding that the order in question operated as an equitable assignment of part of the fund, and that the trustee in bankruptcy of the assignor took the fund subject to the assignment. The transaction was valid between the bankrupt and the blower company, even if for reasons of public policy it could not be enforced against the city of Philadelphia.
The decision of the referee is affirmed.