Roberts v. Hill

Upon the rehearing of this cause, ordered by the judge who hoard it originally, we have reached the conclusion that the transfer which is assailed by the bill should "be set aside. The suit is brought by a receiver of the hank to set aside the transfer of a note for $8,031, the property of the bank, made to one McGregor, the defendant’s intestate, on the twentieth of February, 1884. It is founded on section 5242, Rev. St., originally section 52 of the act of *572June 3, 1864, to provide a national currency, etc., commonly known as the “National Bank Act,” which is as follows:

“All transfers of the…