In re Owings

PHILIPS, District Judge.

This cause has been certified by John Montgomery, Jr., referee in bankruptcy, to this court for review. The controversy grows out of the disallowance of an account and two notes presented against the bankrupt estate by the Citizens’ Bank of Sturgeon. The facts are very fully and clearly stated by the referee.

The essential question to be decided growrs out of the following state of facts, briefly stated: Within the four months next preceding the filing of the petition in bankruptcy, while the debtors were insolvent, and with knowledge of that fact on the part of said…