VALLEY NAT. BANK v. WESTOVER

No. 9415.

112 F.2d 61 (1940)

VALLEY NAT. BANK v. WESTOVER.

Circuit Court of Appeals, Ninth Circuit.

As Modified on Denial of Rehearing June 19, 1940.


Attorney(s) appearing for the Case

W. L. Barnum and Gust, Rosenfeld, Divelbess, Robinette & Coolidge, all of Phœnix, Ariz., for appellant.

Alice M. Birdsall, of Phœnix, Ariz., for appellee.

Before WILBUR, DENMAN, and MATHEWS, Circuit Judges.


WILBUR, Circuit Judge.

This suit was brought by the trustee in bankruptcy of the Grand Avenue Lumber Company, a corporation, to recover two payments made by the bankrupt to the Valley National Bank, the appellant, on the ground that they were preferential payments made within four months of the petition in bankruptcy. The first payment of $3,040 was made October 13, 1937, and the second of $3,532.99 was made November 22, 1937. Each was paid in satisfaction of a promissory...

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