Horchover v. Pacific Marine Supply Co.

This is an action by a trustee in bankruptcy to recover $4,788.86, alleged to be a voidable preference. The case is here, on appeal by plaintiff, on findings of fact and conclusions of law and a judgment thereon dismissing the action. A summary of the facts, made by the findings, follows.

The bankrupt, Straits Packing Company (hereinafter called the Packing Co.), was engaged in the business of packing salmon in Alaska. About March 8, 1930, it applied to respondent for credit in the amount of five thousand dollars for supplies to be used in connection with its 1930 packing operations. The…