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McINTOSH v. BANK OF SALT LAKE

No. 11877.

469 P.2d 1016 (1970)

24 Utah 2d 245

James A. McINTOSH, Trustee in Bankruptcy of the estate of Bountiful Materials and Construction Company, Plaintiff and Appellant, v. BANK OF SALT LAKE, Defendant and Respondent.

Supreme Court of Utah.

May 20, 1970.

Attorney(s) appearing for the Case

John H. Allen, of Cannon, Greene, Nebeker & Horsely, Salt Lake City, for appellant.

D. Gary Christian, of Kipp & Christian, Salt Lake City, for respondent.

TUCKETT, Justice.

This action was commenced by the plaintiff as trustee in which he seeks to recover from the defendant certain sums of money collected from Bountiful Materials and Construction Company which the plaintiff claimed were preferential transfers under the provisions of the bankruptcy law.

On March 12, 1964, Bountiful Materials and Construction Company borrowed the sum of $15,000 from the Bank of Salt...

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