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IN RE HOLZMAN

No. 191.

69 F.2d 828 (1934)

In re HOLZMAN. In re BROOKLYN NAT. BANK OF NEW YORK.

Circuit Court of Appeals, Second Circuit.

March 12, 1934.

Attorney(s) appearing for the Case

Meyer Kraushaar, of New York City, for appellant.

Silberman & Steinfeld, of Brooklyn, N. Y. (Isidore M. Silberman, of Brooklyn, N. Y., of counsel; Herman Gross, of Brooklyn, N. Y., on the brief), for bankrupt-appellee.

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

CHASE, Circuit Judge.

The bankrupt is a physician in Brooklyn, N. Y., who filed his voluntary petition in bankruptcy September 17, 1931, and was adjudicated a bankrupt the same day. He was indebted to the Brooklyn National Bank of New York to the amount of $43,000, which was secured by collateral deposited with the bank having a value of $27,000. The bank had applied a credit balance on the bankrupt's checking account in the sum of $1,800 to the debt, and had moved...

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