Tanton v. Morgan Distributing Co. (In re Cauley)

*459OPINION ON COMPLAINT TO SET ASIDE A PREFERENTIAL TRANSFER

RODNEY R. STEELE, Bankruptcy Judge.

STATEMENT OF FACTS(1) On or about December 6, 1984, Edward and Mary Cauley filed a Chapter 7 bankruptcy petition with this court. At the Section 341(a) hearing, the debtor-husband (Cauley) testified that he transferred certain equipment to Morgan Distributing Company, Inc. (Morgan), on October 1, 1984. Subsequently, on or about February 27, 1985, the Trustee filed a complaint seeking to set aside this transfer of assets as a preference. Morgan Distributing Company, Inc. (Morgan) was properly served and…