Thomas C. Bogus, Trustee in the Matter of Jacob Rosenblum, Bankrupt v. The American National Bank of Cheyenne, Wyoming

WILBUR K. MILLER, Senior Circuit Judge:

Jacob Rosenblum was adjudicated a bankrupt September 22, 1966, pursuant to an involuntary petition filed September 1, 1966, by certain of his creditors. The act of bankruptcy relied on by the petitioning creditors was that, within four months of September 1, 1966, Rosenblum had made a preferential transfer to a creditor, The American National Bank, by selling his liquor license, bar fixtures and supplies, and causing the entire proceeds of the sale to be paid to the Bank. Thomas C. Bogus became Trustee on November 2, 1966.

The Trustee filed this suit…