FOLTA, District Judge.
This is a suit by the trustee in bankruptcy to recover the fair equivalent value of certain property of the bankrupt's estate, which has been seized and sold by the defendant under provisions of chattel mortgages which the trustee contends are fraudulent and void or at least preferential transfers under the Bankruptcy Act, 11 U. S.C.A. § 1 et seq.
The first mortgage was executed December 3, 1946 to secure a present loan of $20,000...
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