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EDWARD HINES WESTERN PINE CO. v. FIRST NAT. BANK

No. 4638.

61 F.2d 503 (1932)

EDWARD HINES WESTERN PINE CO. v. FIRST NAT. BANK OF CHICAGO et al. FIRST NAT. BANK OF CHICAGO v. MEIKLE.

Circuit Court of Appeals, Seventh Circuit.

October 4, 1932.

Attorney(s) appearing for the Case

John N. Ott and Homer J. Livingston, both of Chicago, Ill., for appellant.

Sidney Teiser (of Teiser & Keller), of Portland, Or., and Joseph B. Fleming and Adrian L. Hoover, both of Chicago, Ill., for appellee.

Before ALSCHULER and SPARKS, Circuit Judges, and WHAM, District Judge.

WHAM, District Judge (after stating the facts as above).

Section 67e of the Bankruptcy Act of 1898, as amended (11 USCA § 107(e), provides that, if a debtor, within four months of the filing of the petition in bankruptcy, makes any transfer or assignment "with the intent and purpose on his part to hinder, delay, or defraud his creditors, or any of them," such transfer or assignment shall be null and void except as to purchasers in good faith and for a present...

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