It is the contention of the plaintiffs that the National City Bank of New York is not entitled to an allotment of said sum of $58;187.32, or to any other sum with respect to said flour, and that the entire! from the sale of said flour, less the expenses of the assignee, in the amount of $19,000, should be distributed among the plaintiffs herein according to their holding of warehouse receipts calling for flour of the brands in que Jeet to such readjustment, plaintiffs are willing to accept the said proposal of the defendant. This action was accordingly instituted by the plaintiffs against the defendant assignee, praying that he be ad Judged indebted to the plaintiffs severally in sums aggregating Mex. '$300,489.86, less expenses, and that the defendant be adjudged as holding said sum of $300,489.86, less expenses, for the account of the plaintiffs, and that defendant be required and ordered to distribute the same proportionally among. the plaintiffs in accordance with the principle of defendant's proposal for distribution herebefore referred to.
Text read from the printed page and cleaned; old type leaves the occasional error.