232 F. 898 | E.D. Pa. | 1916
The salient facts may be thus grouped:
Mrs. Sabine W. Wister made a claim as creditor of the bankrupt estate. To this objections were interposed by the trustee and by Mrs. Betty Black Wister. The trustee became convinced the claim was a just one and withdrew his objections. The referee allowed the claim. Mrs. Betty Black Wister persisted in her objections, and filed a petition for review. Since then she has likewise become convinced of the justness of the claim as allowed, and has sought to withdraw her petition. If withdrawn, the order of the referee stands.
The situation presents as an outcome a petition to dismiss the appeal and a petition by J. N. M. Shimer for leave to intervene and thereby become the petitioner for the review. It should perhaps be added, both in justification of the legal right of Shimer to intervene, and as bearing upon the attitude of the other parties, that the condition of the estate is such that creditors will be paid by the acceptance of securities in full and a surplus left for the partners, of whom Shimer is one.
There arc three questions possibly involved, two of which may be grouped in one: (1) Should the petition be dismissed, or the petitioner, Shimer, be permitted to intervene and to prosecute the appeal ? (2) Should the order of the referee be affirmed?
It is clear, therefore, that, if so allowed, a review may be had; but it is recognized that rights of other parties may arise out of an existing condition which the courts, because of this, will not disturb. A petition to review is to all intents and purposes an appeal, with a recognized appellant, to whose benefit it alone inures. This is involved in the ruling in Re Cohn (D. C.) 171 Fed. 568.
On the other hand, he placed his reliance upon the petition filed with the consequences plainly before, him, and there is no suggestion of bad faith or deception on the part of the original petitioner. If persuaded, as she evidently is, that it is to her interest to abandon the appeal, it must be admitted that it is her right to do so. It appears from what was disclosed at the argument that she has carefully weighed her present inclinations, and what now appears to be her interests against what she owed to the present petitioner, and the loyalty which she owed to counsel acting for her on the appeal, and has decided what, under all the circumstances, was 'best to do. We think this was again her right, although the exercise of this does not necessarily control the present petitioner or the court. In addition to this, there is that in the questions raised on the appeal which inclines us (after we admit some hesitation) to hold all parties to adherence to tire line of the assertion of their strict rights. The view taken relieves us of the necessity of discussing the questions raised by the appeal sought to be pressed.
The Shimer petition to intervene is denied, and the Wister petition for review dismissed. This leaves the order made by the referee in force and effect.