Illinois Parlor Frame Co. v. Goldman
Court of Appeals for the Seventh Circuit
• Appeal from the District Court of the United States for the Eastern Division of-the Northern District of Illinois. Suit by Jacob Goldman, as trustee in bankruptcy of the National Upholstering 'Company, against the Illinois Parlor Frame Company) to recover payments claimed as preferences. Decree for Complainant, and' defendant, appeals.
1Opinion of the Court
MACK, Circuit Judge.
While appellant gave bankrupt a line of credit to the amount of $1,000, it was induced to increase this subsequently to April 1, 1916, by certain material false and fraudulent representations of the bankrupt’s manager, so that on June 9, 1916, the indebtedness amounted to $5,795.70. On that day, after discovery of the fraud, accounts aggregating in face value over $4,000 were, transferred to appellant and were entered on the books as a cash credit. Thereafter additional accounts were transferred, certain goods were returned and credited at a fixed valuation, and certain…
2Cited by10 opinions
- Lowell v. BrownCourt of Appeals for the First Circuit · 1922
- Lowell v. BrownDistrict Court, D. Massachusetts · 1922
- Hough v. Atchison, T. & S. F. Ry. Co.Court of Appeals for the Tenth Circuit · 1929
- John Nicholas, Trustee of World Wide Liquor Co., Inc., a Bankrupt v. Maurice C. Cohn, as TrusteeCourt of Appeals for the Fifth Circuit · 1958
- Irving Trust Co. v. Bank of America Nat. Ass'nCourt of Appeals for the Second Circuit · 1934
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