CHASE, Circuit Judge.
The plaintiff, who is trustee in bankruptcy of A. Stieglitz & Co., Inc., brought this action against the receiver of The First National Bank and Trust Company of Yonkers, New York, to recover moneys alleged to have been diverted unlawfully from Stieglitz & Co., Inc., and paid as premium payments and extension fee payments on two life insurance policies which were assigned by Abraham Stieglitz, the president and sole stockholder of the...
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