In re Ferrer

HamiltoN, Judge,

delivered the following opinion:

During the course of the administration of this éstate a creditor named Pabon filed a petition before the referee, ask*263Ing for return of property alleged to bave been loaned to the bankrupt before the declaration of bankruptcy but while he was in insolvent circumstances. The referee examined the papers and witnesses, and decided against the application. The creditor seeks to review this finding.

1. The general rule is that a trust fund must be clearly traced in order to charge the bankrupt estate with liabilities. Re Leigh, 208 Fed. 486. This is…