Dodd v. Raines

SIBLEY, District Judge.

This is a plenary suit in equity and a motion to dismiss it. No question is made as to tbe jurisdiction in equity or in tbe federal court, but the contention is that no cause of action in law or equity exists in tbe trustee in bankruptcy to recover tbe amount sued for. According to tbe bill, tbe bankrupt, on January 10, 1924, tbe date of tbe bankruptcy not being alleged, sold tbe entire stock of merchandise in one of bis two stores to Lewis Raines for $6,700, paid in cash and in notes which were discounted. Tbe suit is against tbe purchaser for tbe full value of tbe…