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BAIN v. INDIANA NAT. BANK

No. 4883.

64 F.2d 112 (1933)

BAIN v. INDIANA NAT. BANK.

Circuit Court of Appeals, Seventh Circuit.

April 5, 1933.

Attorney(s) appearing for the Case

Charles E. Henderson, Laurens L. Henderson, and Frank King, all of Indianapolis, Ind., for appellant.

William W. Hammond, C. Severin Buschmann, and Leo M. Gardner, all of Indianapolis, Ind., for appellee.

Before ALSCHULER, EVANS, and SPARKS, Circuit Judges.

ALSCHULER, Circuit Judge.

The trustee seeks reversal of a judgment for appellee in an action instituted by him to recover from the bank money and the value of collateral security received by the bank within four months of the bankruptcy in alleged contravention of the Bankruptcy Law (11 USCA).

For ten years preceding the bankruptcy, bankrupt was engaged in the wholesale plumbing and heating business, and did its banking with appellee. It had a line of credit...

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