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IN RE TIMES SQUARE AUTO SUPPLY CO.

No. 46360.

43 F.2d 661 (1930)

In re TIMES SQUARE AUTO SUPPLY CO., Inc.

District Court, S. D. New York.

June 20, 1930.

Attorney(s) appearing for the Case

David Haar, of New York City, for Bank of United States.

Blumberg & Parker, of New York City, for Irving Trust Co.

FRANK J. COLEMAN, District Judge.

An involuntary petition in bankruptcy was filed against the Times Square Auto Supply Company, Inc., on January 11, 1929. At that time it had a bank account with the Colonial Bank, now the Bank of United States, and had shortly before the date of the filing of the petition deposited in that account its own checks drawn in the aggregate of $15,742.03, and had at the same time drawn against these deposits the sum of $10,523.68. The checks...

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