SPARKS, Circuit Judge.
On September 7, 1928, John Fitzgerald deposited with the bank certain farm mortgage notes, and certificates for thirty shares of the bank's stock, as collateral security for his renewal note of that date in the amount of $26,000. On October 26, 1928, an involuntary proceeding in bankruptcy was filed against him, and on November 16, 1928, he was adjudged a bankrupt.
On July 20, 1929, appellee filed a bill against the bank to recover preferences...
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