JOHNSON, Circuit Judge.
This is an appeal from a decree of the United States District Court for the District of Massachusetts, holding that a transfer made by the bankrupt within four months of the filing of a petition in bankruptcy was a preference, and therefore voidable under section 60b of the Bankruptcy Act (Comp. St. § 9644). There is no dispute about the facts, but only as to the reasonable inferences that can be drawn from them.
The bankrupt,...
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