¶1It appears that the horses were sold and purchased in good faith before the commencement of the proceedings in bankruptcy, and paid for in cash. For the two hundred dollars deposited with Scheele to indemnify him as a security in the appeal; as the suit is still pending, and the security may be called upon to pay the debt, this proceeding is premature; for, until , his liability is determined, the creditor may retain the pledge. Rule discharged.
4 F. Cas. 879
In re Buse
U.S. District Court
Decided July 1, 1870
U.S. District Court · decided 1870-07-01
In bankruptcy. Scheele was served with a rule to show cause why he should not deliver to assignee two horses belonging to the bankrupt, or pay the value of the same.
Decided 1870-07-01