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MECHANICS CO. v. CULHANE

No. 17.

299 U.S. 51 (1936)

MECHANICS UNIVERSAL JOINT CO. ET AL. v. CULHANE, RECEIVER.

Supreme Court of United States.

Decided November 9, 1936.

Attorney(s) appearing for the Case

Mr. Samuel R. Kenworthy for petitioners.

Messrs. Roy F. Hall and George P. Barse, with whom Mr. John F. Anderson was on the brief, for respondent.

MR. JUSTICE BRANDEIS delivered the opinion of the Court.

Section 5242 of the Revised Statutes of the United States, 12 U.S.C. § 91 provides that payments made by a national bank "in contemplation" of the commission of an act of insolvency, "with a view to the preference of one creditor to another" "shall be utterly null and void."1

This suit was brought in the federal court

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