In re Mayhew

CHESNUT, District Judge.

The question in this case is whether the creditor’s involuntary petition against the alleged bankrupt sufficiently alleges an act of bankruptcy under the second or third acts specified in the Bankruptcy Act of 1938 (Chandler Act), 11 U.S.C.A. § 21, sub. a. They read as follows:

“Acts of bankruptcy by a person shall consist of his having * * * (2) transferred, while insolvent, any portion of his property to one or more of his creditors with intent to prefer such creditors over his other creditors; or (3) suffered or permitted, while insolvent, any creditor to obtain a…