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FOSTER v. MANUFACTURERS' FINANCE CO.

No. 2171.

22 F.2d 609 (1927)

FOSTER v. MANUFACTURERS' FINANCE CO.

Circuit Court of Appeals, First Circuit.

November 19, 1927.

Attorney(s) appearing for the Case

Robert A. B. Cook, of Boston, Mass. (Phipps, Durgin & Cook, of Boston, Mass., on the brief), for appellant.

Harrison J. Barrett, of Boston, Mass. (George W. Reed and Friedman, Atherton, King & Turner, all of Boston, Mass., on the brief), for appellee.

Before BINGHAM, JOHNSON, and ANDERSON, Circuit Judges.

ANDERSON, Circuit Judge.

The facts of controlling importance in this bankruptcy preference case are within narrow compass.

The bankrupt, Sullivan, assigned to the Finance Company about $60,000 of bills receivable, designated specifically. Of these, about $49,000 were forgeries. In March, 1925, the representative of the Finance Company examined Sullivan's books, discovered the fraud, and procured from Sullivan, by way of partial substitution for the forged...

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