In re Ryan

KOHLSAAT, District Judge.

I am of the opinion that the mutual debits and credits contemplated by section 68a, Bankr. Act, do not include cash payments on account within four months of the filing of the-petition against the bankrupt, and that the referee’s finding herein that creditors should be permitted to have an accounting of all transactions between them and the bankrupt, both prior to and during such four months, and to have their claims allowed for the balance shown by such Accounting, is not sustainable. With reference to section 60c, I do not think that the word “recoverable,” in the…