Scherer Hardware & Supply, Inc. v. Charles H. Eichelkraut & Son, Inc. (In Re Scherer Hardware & Supply, Inc.)

OPINION AND ORDER

RICHARD L. MERRICK, Bankruptcy Judge.

This cause came on to be heard on the objection of the debtor, Scherer Hardware and Supply, Inc. (hereinafter “Scherer”), to the claim of Charles H. Eiehelkraut and Son, Inc. (hereinafter “Eiehelkraut”), and on Scherer’s counterclaim against Eichel-kraut. The parties have presented a number of questions, both legal and factual, which will be discussed separately.

The major part of Eichelkraut’s claim is for a payment for mailboxes that it made to one of Scherer’s creditors. Eiehelkraut claims this as a setoff against its debt to Scherer.…