District Court, E.D. Wisconsin February 25, 1965, No. 63-C-131 (Cohn v. Industrial Salvage Material Co.)

GRUBB, District Judge.

This action was commenced by the trustee in bankruptcy of Lincoln Iron & Steel Company (hereinafter referred *492to as “Lincoln”) to recover, as an alleged preferential payment, $20,000 paid to Industrial Salvage Material Company (hereinafter referred to as “Industrial”) by the bankrupt on March 30, 1962.