112 S.E. 827 | S.C. | 1922
July 5, 1922. The opinion of the Court was delivered by This is an appeal by the defendant from an order of reference, with the proviso that it should be without prejudice to the defendant, to have its right to a trial by jury afterwards determined. *148
The action is to recover from the defendant the sum of $4,034.30. The complaint alleges that the plaintiff is entitled to recover said sum, as Trustee in Bankruptcy of the Hamer-Spears Company, bankrupt, on the ground that the payment thereof was an unlawful preference. This allegation is denied by the defendant, and it alleges that the money was received by it in payment of a note and mortgage executed and recorded more than four months prior to the insolvency of said company, and that it was for money actually loaned to the company.
It is only necessary to cite the case of Hodges v. Kohn,
Reversed.