Jeggle

A3 trustee in bankruptcy of the estate of the White Star Oil & Refining Company, hereinafter referred to as the White Star Company, the plaintiff, who is the appellee, brought this action to set aside two conveyances of the White Stax Company, dated respectively December 12 and December 17, 1923. The first, a trust instrument of extraordinary character, was to the defendant Heilman Commercial Trust & Savings Bank, for the benefit of the appellant, E. M. Jeggle, to whom the second instrument, absolute in form, was made directly. Jeggle was a young woman stenographer in the employ of a firm of attorneys representing certain creditors of the White Star Company. The property covered by the trust deed was listed as of the value of over $200,000, and that described in the second deed approximately $130,000; the latter deed is thought to be but an incident to the first, and stands or falls with it.

Invoking the authority of sections 70 and 47 of the Bankruptcy Act (Comp. St. §§ 9654, 9631), which confer upon him all the rights that a judgment creditor would have as of the date of the filing of the petition in bankruptcy, July 7, 1924, the plaintiff contends that the conveyances are…