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Subject_1 Bankruptcy Subject_2 Stat. 1696, c. 5 Subject_3 Issue Subject_4 Prior Debt. Facts: Averments of prior debt which, though vague, held sufficient.
This was an action of reduction at the instance of a trustee on a sequestrated estate founded upon the Act 1696, c. 5, and also upon fraud at common law. The defender pleaded that there was no issuable matter upon record.
The transaction sought to be set aside was an alleged sale of flour and butter to the bankrupts to the defender on 9th December 1864, within sixty days of their bankruptcy, and when they were in a state of insolvency, in satisfaction or security of a prior debt, to the prejudice of prior creditors of the bankrupts.
“It being admitted that the estates of the said A. & W. Gray were sequestrated under the Bankrupt Statutes on 28th December 1864, and that the pursuer, Francis Edmond, is trustee on the said sequestrated estates:
Whether, on or about 26th December 1864, and within sixty days before their said sequestration, the said A. & W. Gray delivered to Page: 51 ↓
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Common Room
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