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WRIGHT V. LOGAN, 315 U. S. 139 (1942)

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U.S. Supreme Court

Wright v. Logan, 315 U.S. 139 (1942)

Wright v. Logan

No. 229

Argued January 9, 1942

Decided February 2, 1942

315 U.S. 139

Syllabus

1. The right of a farmer to be adjudged a bankrupt under § 75(s) of the Bankruptcy Act is not conditioned upon the diligence with which he has sought to obtain a composition or an extension under § 75(a)-(r). P. 315 U. S. 141.

2. Any right to redeem from a mortgage foreclosure and sale which a farmer debtor has at the time of applying for adjudication under § 75 of the Bankruptcy Act continues to be part of his assets and subject to the administration of the bankruptcy court. P. 315 U. S. 142.

119 F.2d 354 reversed.

Certiorari, 314 U.S. 592, to review a judgment which affirmed a judgment of the bankruptcy court dismissing bankruptcy proceedings by farmer debtors and upholding the full force and effect of foreclosure proceedings in a state court.





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