FRANK J. COLEMAN, District Judge.
A petition in bankruptcy was filed against defendant Allied Finance Agency, Inc., on April 18, 1927, and after adjudication plaintiff qualified as trustee. On March 15, 1927, the bankrupt had conveyed to defendant Bush, who was an officer and director, its principal asset, which consisted of two and one-tenth acres of vacant land in Westchester county. At the time of the conveyance the bankrupt was hopelessly insolvent.
The...
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