IN RE AMERICAN FOAM RUBBER CORP.


222 F.Supp. 679 (1963)

In the Matter of AMERICAN FOAM RUBBER CORP., Bankrupt.

United States District Court S. D. New York.

September 27, 1963.


Attorney(s) appearing for the Case

Kleeberg & Greenwald, New York City, for trustee.

Krause, Hirsch, Gross & Heilpern, New York City, for Irving Trust Co.


BONSAL, District Judge.

The trustee in bankruptcy of American Foam Rubber Corporation has petitioned under § 39, sub. c of the Bankruptcy Act, 11 U.S.C.A. § 67, sub. c, for review of an order of the referee which denied the trustee's application to recover $4,000 from the Irving Trust Company (the bank).

On January 17, 1961, American Foam Rubber drew two checks totalling $4,000 upon the bank. The checks were payable to Mirafoam, Inc. and Riverside...

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