Court of Appeals for the Fourth Circuit December 12, 1913, No. 1185 (Laderburg v. Miller)

WOODS, Circuit Judge.

William Laderburg, a merchant conducting a general retail store in Portsmouth, Va., was adjudged a bankrupt on the 10th day of June, 1913. Two days before the adjudication, in contemplation of bankruptcy, he separated from his stock numerous articles of merchandise valued at $867.