IRVING TRUST CO. v. JACOB WECKSTEIN & SONS

Nos. 224, 225.

64 F.2d 333 (1933)

IRVING TRUST CO. v. JACOB WECKSTEIN & SONS, Inc. SAME v. EITINGON SCHILD CO., Inc.

Circuit Court of Appeals, Second Circuit.

April 10, 1933.


Attorney(s) appearing for the Case

Barron, Rice & Rockmore, of New York City (Murray H. Marker, Daniel Katz, and George P. Halperin, all of New York City, of counsel), for appellants.

Samuel Sturtz, of New York City (Richard J. Mackey, of New York City, of counsel), for appellee.

Before L. HAND, SWAN, and CHASE, Circuit Judges.


SWAN, Circuit Judge.

Margulies & Ratner, Inc., a corporation engaged in the buying and selling of furs, was adjudicated bankrupt upon an involuntary petition filed on April 13, 1930. During the month of January, 1930, the bankrupt transferred to each of the defendants certain money and merchandise in payment of notes, which they, respectively, held, although its notes had not yet become due. The circumstances were such as to render the transfers voidable preferences...

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