January 7, 1964
IN THE MATTER OF RAPID MOTOR LINES, INC., BANKRUPT. UNITED STATES OF AMERICA, APPELLANT,
IRVING GROOB, TRUSTEE IN BANKRUPTCY, APPELLEE.
Before MEDINA, WATERMAN and MARSHALL, Circuit Judges.
We affirm the order of the District Court on the authority of In re Myers, 1928, 2 Cir., 24 F.2d 349. The principles controlling this case were there formulated by Judge Learned Hand and have been followed in this Circuit for thirtyfive years. This case does not present an occasion for reappraisal of those principles. See generally 4 Collier, Bankruptcy § 70.99 at 1904-1910, 1917-1918 (14th ed. 1962); Annot., 48 A.L.R.2d 1343 (1956).
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