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IN RE FIELD HEATING & VENTILATING CO.

No. 10703.

201 F.2d 316 (1953)

In re FIELD HEATING & VENTILATING CO., Inc. NORTHBROOK HOMES, Inc. v. KLEIN.

United States Court of Appeals Seventh Circuit.

January 22, 1953.

Attorney(s) appearing for the Case

Arthur Chittick, Joseph J. Lelivelt, Louis Swidler, Chicago, Ill., for appellant.

Leonard M. Spira, Chicago, Ill., for appellee.

Before DUFFY, FINNEGAN and LINDLEY, Circuit Judges.

LINDLEY, Circuit Judge.

Northbrook Homes, Inc., a creditor of Field Heating & Ventilating Company, bankrupt, filed a claim against the debtor estate for $3289 balance on an indebtedness due it from the bankrupt, as it averred, for borrowed money in the sum of $11,000, reduced by set-off credits to that amount. The trustee in bankruptcy filed a counterclaim, in which he averred that the credits, by virtue of which claimant...

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