Eyges v. Boylston Nat. Bank

HOWELL, District Judge.

These are two bills in equity brought by the trustee in bankruptcy of the Colonial Grocery Company to recover alleged preferences. We are met at the outset with the motion in No. 1812 that the bill be dismissed, as there is a complete and adequate remedy at law. I have already held, in Reed v. Guaranty Security Corporation (D. C.) 291 Fed. 580, that the settled practice-in this circuit is to allow a bill in equity to set aside a preference consisting merely in the payment of money. There is the further fact in this case that, in order to recover, a transfer of accounts…