Legal Opinion

Silverstein v. Second National Bank

District Court, D. New Hampshire

Decided March 9, 1955No. Civ. A. No. 1456Published

1Opinion of the Court

CONNOR, District Judge.

Action by the trustee in bankruptcy of the estate of Roland O. McNuge, d/b/a New England Service Sales Co. against *564The Second National Bank, Inc. of Nashua, N. EL, to recover certain alleged preferential transfers.

The pertinent facts are as follows: The bankrupt started in business in 1951, opened a cheeking account with the defendant bank, and thereafter negotiated several loans with it. In February 1954, he obtained a loan of $1,500 on a 90-day note, with one Dawson as co-maker. This note matured in May, and with the consent of the bankrupt and conformable to its…

2Cases cited6 opinions

Studley v. Boylston National BankSupreme Court of the United States · 1913
Grubb v. General Contract Purchase CorporationCourt of Appeals for the Second Circuit · 1938
CITIZENS'NAT. BANK OF GASTONIA, NC v. LinebergerCourt of Appeals for the Fourth Circuit · 1930
Merrimack Nat. Bank v. BaileyCourt of Appeals for the First Circuit · 1923
Crosby v. PackerCourt of Appeals for the First Circuit · 1927

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