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FIRST NAT. BANK OF PEDRICKTOWN v. WADDINGTON

Nos. 4504, 4505.

51 F.2d 1052 (1931)

FIRST NAT. BANK OF PEDRICKTOWN et al. v. WADDINGTON. WADDINGTON v. PEDRICK.

Circuit Court of Appeals, Third Circuit.

August 18, 1931.

Attorney(s) appearing for the Case

T. G. Hilliard and H. B. Ware, both of Salem, N. J., for appellants First Nat. Bank of Pedricktown, and another.

Frank A. Mathews, Jr., of Camden, N. J., for appellant E. C. Waddington.

James Mercer Davis, of Camden, N. J., for appellee Hamilton G. Pedrick.

Before BUFFINGTON, WOOLLEY, and THOMPSON, Circuit Judges.

BUFFINGTON, J.

In the court below E. C. Waddington, trustee in bankruptcy of Preston P. Sweeten, filed a bill in equity against Hamilton G. Pedrick, the First National Bank of Pedricktown, and the People's Bank of Pennsgrove. On final hearing that court dismissed the bill as to Pedrick and sustained it as to the two banks, holding that certain payments made to them by the bankrupt were unlawful preferences which they should return to the trustee. From a decree so...

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