Court of Appeals for the D.C. Circuit March 28, 1963, No. 16865 (Stevan v. Union Trust Co. of District of Columbia)

BURGER, Circuit Judge.

An action was brought by the Trustee in Bankruptcy of Genie Craft Corporation 1 against a creditor 2 of the bankrupt to set aside certain transfers of customers’ accounts. The District Court, sitting without a jury, determined that the challenged transfers were valid pledges and denied the relief sought by the Trustee.