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QUEEN CITY PRINTING INK CO. v. ROCHESTER HERALD CO.

No. 852.

38 F.2d 254 (1930)

QUEEN CITY PRINTING INK CO. v. ROCHESTER HERALD CO. Claim of COMMONWEALTH BANK OF NEW YORK.

District Court, W. D. New York.

February 19, 1930.

Attorney(s) appearing for the Case

Harris, Beach, Harris & Matson, of Rochester, N. Y., for receivers.

Hubbell, Taylor, Goodwin & Moser, of Rochester, N. Y., for objecting creditor, National Bank of Rochester.

Wile, Oviatt & Gilman, of Rochester, N. Y., for Commonwealth Bank.

ADLER, District Judge.

The Rochester Herald Company published for many years "The Rochester Herald," a morning newspaper in the city of Rochester, N. Y. In 1924 it was borrowing money to carry on its business. October 20, 1924, it borrowed $25,000 from the Commonwealth Bank of New York and gave its promissory note for that amount. At the same time, as security for this loan, it executed an instrument in writing assigning to the bank certain accounts on the books of...

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