Fliegel v. Associates Capital Co. of Delaware, Inc.

McAllister, j.

This is an action brought by plaintiff, as trustee in bankruptcy of Clint’s Appliance Sales & Service, Inc., to recover an alleged preferential transfer to defendants, Associates Capital Company of Delaware, Inc., and Associates Financial Services Co., Inc., under § 60 of the federal Bankruptcy Act (11 USCA §96). From a judgment in favor of the defendants plaintiff appeals that portion of the judgment which awarded Associates Capital Company of Delaware priority in inventory of the bankrupt corporation valued at $5,343.36. ①

The material facts have been stipulated by the parties.…