LaBour v. Michigan National Bank

Plaintiff George F. LaBóur, the trustee in bankruptcy of Arthur J. Hunt, brought this suit to recover claimed preferential payments that Hunt had made to the defendant and cross-plaintiff, Michigan National Bank. Hunt, on an involuntary petition, had been adjudicated a bankrupt on September 6, 1949. The bank did not file a claim in the bankruptcy proceedings.

In June of 1947 the'bankrupt borrowed $5,800 from the bank on a note which was indorsed by his father, defendant Arthur'H. Hunt. The maker from time to time made payments on Ms loan. On April 7, 1949,! Ms indebtedness, totaling-…