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BONNIN & CO. v. VAZQUEZ

No. 1764.

4 F.2d 103 (1925)

BONNIN & CO. et al. v. VAZQUEZ.

Circuit Court of Appeals, First Circuit.

February 25, 1925.

Attorney(s) appearing for the Case

Vicente Zayas Pizarro, of Ponce, Porto Rico, for appellants.

Hugh R. Francis and Manuel Cruz Horta, both of San Juan, Porto Rico, for appellee.

Before BINGHAM, JOHNSON, and ANDERSON, Circuit Judges.

BINGHAM, J.

In the court below Vazquez was adjudged a bankrupt on an involuntary petition purporting to allege an act of bankruptcy under section 3a (3), (being Comp. St. § 9587a (3), which reads as follows:

"Acts of bankruptcy by a person shall consist of his having * * * (3) suffered or permitted, while insolvent, any creditor to obtain a preference through legal proceedings, and not having at least five days before a sale or final disposition of any...

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