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IN RE TAILORTOWNE, INC.

No. 13851.

303 F.2d 779 (1962)

In the Matter of TAILORTOWNE, INC., Bankrupt. First County National Bank and Trust Company, Woodbury, Successor by Consolidation to Woodbury Trust Company and First National Bank and Trust Company of Woodbury, Appellant.

United States Court of Appeals Third Circuit.

Decided May 23, 1962.

Attorney(s) appearing for the Case

Neil F. Deighan, Jr., Camden, N. J. (Kisselman, Devine, Deighan & Montano, Camden, N. J., Carl Kisselman, of counsel, on the brief), for petitioner-appellant.

Frederick H. Martin, Asst. U. S. Atty., Newark, N. J. (David M. Satz, Jr., U. S. Atty., Newark, N. J., on the brief), for appellee.

Before McLAUGHLIN, STALEY and GANEY, Circuit Judges.

PER CURIAM.

Referee Lipkin found that the United States had paid over to the predecessors of appellant the sum of $15,879.38 as part of the whole endeavor of the creditors and the bankrupt clothing manufacturer to reopen and operate the business of the debtor. That money was for payment of coats delivered to the Government by the manufacturer prior to bankruptcy in part performance of a coat contract with the Government. The testimony was that such payment would not...

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