IN RE ARROW HOME APPLIANCES

No. 49782.

107 F.Supp. 914 (1952)

In re ARROW HOME APPLIANCES, Inc.

United States District Court E. D. New York.

October 14, 1952.


Attorney(s) appearing for the Case

Max Schwartz, New York City, for trustee.

Conklin & Bentley, New York City, for Lawrence-Cedarhurst Bank. Edward S. Bentley, Robert T. Aller, New York City, of Counsel.


GALSTON, District Judge.

The Lawrence-Cedarhurst Bank seeks a review of the order of the Referee in which he held a chattel mortgage, executed by the bankrupt to the bank, as mortgagee, was void, and that the payment received by the bank under the mortgage of November 30, 1951 was preferential.

The petition recites that the bank is a creditor and owner and holder of a promissory demand note, bearing date of October 29, 1951, in the sum of $6,000, made by the...

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