The Bankruptcy Law Annotated Being the National Bankruptcy Act of 1898 As Amen
The Bankruptcy Law Annotated Being the National Bankruptcy Act of 1898 As Amen
Sidney Corning Eastman
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, 76; 4 A. B. R. , 220. 2 N. B. N. , 890. Surrender of firm note and acceptance of individual note of one member more than four months before filing of petition, and subsequent judgment not a preference by the firm. In re Lehigh Lumber Co, et al. (1900), W; Dist. Pa. , Buffington, J. , 101 Fed. , 216; 4 A. B. R. , 221; 2 N. B. N. , 512. Preference shown in surrendering goods sold to bankrupt under pro- vision that vendors retain lien for purchase price. In re Klingman (1900), S. Dist. La. , Shi...ras, J. , 101 Fed. , 691; 4 A. B. R. , 254; 1 N. B. N. , 294. Where there are several accounts it cannot be claimed that the pref- erence is to be disregarded because the account is closed. In re Sloan (1900), S. Dist. La. , Shiras, J. , 102 Fed. , 116; 4 A. B. R. , 356. Creditor holding security urder Section 60 which was cut off by fore, closure of a prior mortgage need not surrender security before proving claim. In re Stendts (1899), N. Dist. N. Y. , Hotchkiss, R. , 1 N. B. N. , 509. No preference found in a transfer by the bankrupt to a judgment creditor of such property because the transferee was not a firm creditor.
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