United States v. Commissioner of Banks

This is a suit in equity to establish a claim in favor of the United States against the property of the Cosmopolitan Trust Company, in possession of the commissioner of banks for liquidation under the provisions of St. 1910, c. 399, as amended, now G. L. c. 167, and, when allowed, to be *174decreed to stand as a priority claim under § 3466 of TJ. S. Rev. Sts. The case was heard upon the bill and answer, and was reserved by a single justice of this court for determination by the full court.

The relevant facts deducible from the pleadings are as follows: March 9, 1920, the Hub Rain Coat Company drew…