Saperstein v. Holland, McGill & Pasker

CROCKETT, Justice:

Plaintiff, as Trustee in Bankruptcy, sued to recover a judgment for $5711.35 which defendant had taken from the bankrupt Burger-in-the-Round, Inc., (the same corporation as The Dinner Table, Inc.) by judgment-garnishment within four months before the petition in bankruptcy was filed on the ground that this constituted a preference over other creditors.

Of critical importance in this proceeding is the purpose spelled out in the bankruptcy act: that when a person becomes bankrupt, his assets should be so marshaled and managed that his creditors will be treated with justice and…