LANCASTER & LOVE, INC. v. MUELLER CO.

No. 14991.

214 F.2d 353 (1954)

LANCASTER & LOVE, Inc. v. MUELLER CO. et al.

United States Court of Appeals Eighth Circuit.

Rehearing Denied August 20, 1954.


Attorney(s) appearing for the Case

William Andress, Jr., Dallas, Tex. (A. F. House, Little Rock, Ark., and Jay W. Dickey, Pine Bluff, Ark., on the brief), for appellant.

John Harris Jones, Pine Bluff, Ark., for appellees.

Before GARDNER, Chief Judge, and WOODROUGH and THOMAS, Circuit Judges.


WOODROUGH, Circuit Judge.

Lancaster & Love, Inc., appeals from a judgment adjudicating it a bankrupt on the ground that it committed an act of bankruptcy on November 17, 1952, by making, while insolvent, a preferential transfer of its property, within the intendment of 11 U.S.C.A. § 21, sub. a(2). Appellant, on the date mentioned, made an assignment of a certain sewer construction contract between itself and the city of Pine Bluff, Arkansas, to the Mercantile...

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