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KULLMAN & CO. v. WOOLLEY

No. 7986.

83 F.2d 129 (1936)

KULLMAN & CO. v. WOOLLEY.

Circuit Court of Appeals, Fifth Circuit.

April 18, 1936.

Attorney(s) appearing for the Case

C. F. Engle and S. B. Laub, both of Natchez, Miss., for appellant.

W. A. Geisenberger, of Natchez, Miss., for appellee.

Before FOSTER, SIBLEY, and HUTCHESON, Circuit Judges.

SIBLEY, Circuit Judge.

This appeal questions whether certain payments made to a general depositor by a national bank while on a "restricted basis" during the "banking holidays" of March, 1933, are void as preferences under 12 U.S. C.A. § 91. The receiver of the Britton & Koontz National Bank of Natchez, Miss., has obtained a decree for the recovery of such payments from its depositor, Kullman & Co., a corporation, and the latter appeals.

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