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COHN v. INDUSTRIAL SALVAGE MATERIAL CO.

No. 63-C-131.

238 F.Supp. 491 (1965)

Milton M. COHN, Trustee of Lincoln Iron & Steel Co., Bankrupt, Plaintiff, v. INDUSTRIAL SALVAGE MATERIAL CO., a Wisconsin corporation, Defendant.

United States District Court E. D. Wisconsin.

February 25, 1965.

Attorney(s) appearing for the Case

Harry A. Kovenock, Daniel W. Howard, Milwaukee, Wis., for plaintiff.

Arthur Magidson and Robert L. Hersh, Milwaukee, Wis., for defendant.

GRUBB, District Judge.

This action was commenced by the trustee in bankruptcy of Lincoln Iron & Steel Company (hereinafter referred to as "Lincoln") to recover, as an alleged preferential payment, $20,000 paid to Industrial Salvage Material Company (hereinafter referred to as "Industrial") by the bankrupt on March 30, 1962.

Lincoln filed a petition for an arrangement under Chapter XI of the Bankruptcy Act ...

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