Legal Opinion
Perkins v. Lakeport National Bank
District Court, D. New Hampshire
Decided July 19, 1955No. Civ. A. No. 1183PublishedCited by 3 opinions
1Opinion of the Court
CONNOR, District Judge.
Action by the trustee in bankruptcy of Eben S. Upton Co., Inc. against the Lake-port National Bank to recover an alleged preferential transfer, under Section 60 of the Bankruptcy Act, 11 U.S.C.A. § 96.
The essential facts are not in dispute and are as follows: On August 22, 1949, the bankrupt, a corporation engaged in the plumbing and heating business and operating a store in Meredith, New Hampshire, obtained a loan in the amount of $11,000 from the defendant. In order to secure this advance, the parties executed a factor’s lien agreement as authorized by and in…
2Cited by3 opinions
- Joseph J. Ricotta, as Trustee of L. E. Kimball Construction Co., .Inc., Bankrupt v. Burns Coal & Building Supply CompanyCourt of Appeals for the Second Circuit · 1959
- Shaw v. Walter E. Heller & Co.District Court, N.D. Georgia · 1966
- Sloan v. GarrettDistrict Court, D. South Carolina · 1967