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3 Am. Bankr. Rev.: Monthly Mag. Law. Bankers & Bus. Men 3 (1926-1927)

handle is hein.journals/ambreml3 and id is 1 raw text is: AMERICAN BANKRUPTCY REVIEW The Monthly Magazine for Lawyers, Bankers and Business Men Vol. 3 AUGUST, 1926 No. 1 Published by the American Bankruptcy Review, Inc., 165 Broadway, New York, N. Y. Telephones Cortlandt 6631 to 6635. Copyright 1925 by American Bankruptcy Review, Inc. Entered as second-class matter November 19, 1924, at the post office at New York, N. Y., under the Act of March 3, 1879. MAX ISAAC, Editor. BOARD OF CONSULTING EDITORS First Circuit- ROBERT A. B. COOK, 185 Devonshire St., Boston, Mass. Second Circuit- LOUIS H. STROUSE, 165 Broadway, New York, N. Y. Third Circuit- ALVIN A. MORRIS, Commonwealth Bldg., Pittsburgh, Pa. Fourth Circuit- J. PURDON WRIGHT, 905-10 Maryland Trust Bldg., Baltimore, Md. Fifth Circuit- JAMES N. TALLEY, Grand Bldg., Macon, Ga. Sixth Circuit- BELA J. LINCOLN, First Natil. Bank Bldg., Detroit Mich. Seventh Circuit- HAROLD F. WHITE, 108 So. LaSalle St., Chicago, Ill. Eighth Circuit- JOHN B. EDWARDS, 506 Olive St., St. Louis, Mo. Ninth Circuit- W. S. BICKSLER, Citizens Natl. Bank Bldg., Los Angeles, Cal. SUBSCRIPTION $5.00 A YEAR 50c A COPY INTERPRETATION OF SECTION 9(b) NEW BANKRUPTCY LAW. I have been asked to give my interpretation of Section 9 (b) of Public Statute 301, being our Amendatory Bankruptcy Law, and amending Section 24 (b) of the present statute. The amendatory matter in question reads as follows: Such power shall be exercised by appeal, and in the form and manner of an appeal, except in the cases mentioned in said Section 25 to be allowed in the discretion of the appellate court.. Now Section 25 has two paragraphs having to do with appeals. Under 25 (a) it would appear that the appeals exists as a matter of right. Under paragraph (b) the appeals are allowable in the discretion of the court. The query was. Does this amendatory law modify the right of an appeal under 25 (a) ? Had the amendatory provision which was inserted by the Conference Commit- tee had the letter (b) after it, then of course it would have been perfectly clear and explicit. Feeling that there might be some doubt and ambiguity about the failure to insert the letter (b) after the figure 25 in the amendatory matter, I

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