In re Clark

MYERS, District Judge.

This matter is before me on motion to dismiss the involuntary petition in bankruptcy filed by three creditors on July 9, 1936, on the ground that there was not sufficient allegation of acts of bankruptcy as required by the statute.

The petition sets out that the bankrupt, while insolvent, on April 9, 1936, mortgaged all of his stock of merchandise and equipment and all additions, including all automotive equipment, notes, bills and accounts, and all other assets of said business to the bankrupt’s brother, Vaughn Clark, with intent to prefer the said Vaughn Clark over his…