MEMORANDUM
KEVIN THOMAS DUFFY, District Judge.
This is an action brought under Section 60 of the Bankruptcy Act, 11 U.S.C. § 96, to avoid an alleged preference. Plaintiff is the trustee in bankruptcy of the Estate of Seaway Floor and Paving Company, Inc. (hereinafter "Seaway"), which was a sub-contractor of defendant Rand Construction Company, Inc. (hereinafter "Rand").
On December 21, 1966 Rand was awarded a contract for the erection of certain...
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