In Re Green River Jockey Club

DAWSON, District Judge.

This matter is before me on petition of O. W. Rash to review the order of the referee, declining to allow as preferred a claim against the bankrupt estate for $29,300, with interest from April 2, 1923, filed by O. W. Rash, and allowing as an unsecured claim against the estate $28,800 of said claim, with interest thereon at the rate of 6 per cent, per an-num from April 2,1923.

The facts out of which this claim grows, as shown by the record, are as follows:

The bankrupt, Green River Jockey Club, is a corporation, organized under the laws of the state of Kentucky, with…