 ... the person receiving it, or to be benefited thereby, or his agent acting therein, shall then have reasonable cause to believe that the enforcement of such judgment or transfer would effect a preference, it shall be voidable by the trustee and he may...  The Federal Reporter - Page 2941906Full view - About this book
 | New Jersey. Court of Chancery - 1907 - 930 pages
...recording or registering of the transfer, if by law such recording or registering is required. "b. If a bankrupt shall have given a preference, and the...acting therein, shall have had reasonable cause to beliecc that it was intended thereby to give a preference, it shall be voidable by the trustee, and... | |
 | New Jersey. Court of Chancery - 1905 - 808 pages
...therefore no preference under that section. The next subsection states the effect of such preference: "If a bankrupt shall have given a preference, and the...benefited thereby, or his agent acting therein, shall hate had reasonable caufc to brlicrc that it was intended thereby to give a preference, it shall be... | |
 | 1902 - 1128 pages
...the benefit of creditors (not for the benefit of the bankrupt) any payment made within four months, and "the person receiving it, or to be benefited thereby,...it was intended thereby to give a preference." it has been decided in Pennsylvania cases cited in note "d," Purd. Dig. p. 831, pi. 29, that the debtor... | |
 | 1907 - 2094 pages
...c. 54, § 60, subd. B, 30 Stat. 5U2 [US Comp. St 1901, p. 3440], declares that if a bankrupt sluill have given a preference, and the person receiving it, or "to be benefited thereby," shall have hud reasonable cause to believe that It was intended thereby to give a preference, it shall... | |
 | 1907 - 2136 pages
...new feature. Subdivision "b" of this section, to which reference is made in 57g, provides that, if a bankrupt shall have given a preference and the person receiving it shall have had reasonable cause to believe that it was intended thereby to give a preference, it Aall... | |
 | 1922 - 262 pages
...and before the adjudication, the bankrupt be insolvent and the judgment and transfer then operate as a preference, and the person receiving it or to be...benefited thereby, or his agent acting therein, shall then have reasonable cause to believe that the enforcement of such judgment or transfer would effect... | |
 | Alabama State Bar Association - 1903 - 1078 pages
...preferences and conveyances. Section 60 b. reads: "If a bankrupt shall have given a preference, and a person receiving it, or to be benefited thereby, or his agent acting therein, shall have reasonable cause to believe that it was intended thereby to give preference, it shall be voidable by... | |
 | 1920 - 1156 pages
...59 L. Ed. 1215, "in order to set aside such a transfer and recover the property it must appear that 'the person receiving it, or to be benefited thereby,...that it was intended thereby to give a preference.' Whether such 'reasonable cause to believe' existed is a question of fact and the burden of proof is... | |
 | 1919 - 1022 pages
...of and before the adjudication, the bankrupt be insolvent and the * * » transfer then operate аз a preference, and the person receiving it or to be...benefited thereby, or his agent acting therein, shall then have reasonable cause to believe that the enforcement of such * » • transfer would effect a... | |
 | 1904 - 1174 pages
...mortgage is given, and. secondly, that the mortgagee, at the time he receives the mortgage, shall have reasonable cause to believe that it was intended thereby to give a preference to him. This involved the further proposition that the mortgagee must, at the time he receives the... | |
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