Lesser v. Bradford Realty Co.

This action is brought by the plaintiff as trustee of a bankrupt pursuant to the provisions of paragraphs A and B of section 60 of the Bankruptcy Act, to set aside a chattel mortgage made by the bankrupt upon the ground that this transfer was made less than four months prior to the filing of the petition in bankruptcy and created a preference in favor of the defendant, and thereby secured to it a greater percentage of its debt than that of any other creditor of the same class. By demurrer the sufficiency of the complaint is challenged on the ground, first, that there is no specific allegation…