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LEE v. STATE BANK & TRUST CO.

No. 180.

38 F.2d 45 (1930)

LEE v. STATE BANK & TRUST CO.

Circuit Court of Appeals, Second Circuit.

February 10, 1930.

Attorney(s) appearing for the Case

Lesser Bros., of New York City (David Haar, of New York City, of counsel), for plaintiff-appellant.

Max Silverstein, of New York City (Abraham Rickman and Murray Jacobs, both of New York City, of counsel), for defendant-appellee.

Before MANTON, L. HAND, and MACK, Circuit Judges.

MACK, Circuit Judge.

Appellant, trustee for the Perfect Shoe Manufacturing Company, adjudicated bankrupt on April 26, 1927, sought to set aside as fraudulent a series of assignments of accounts receivable given to secure 35 demand notes made by bankrupt to defendant bank from October 15, 1926, to the date of bankruptcy, and as to accounts assigned in April, 1927, to recover as a preference the excess of such assigned accounts over money actually borrowed during that...

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