The statute forbids preferences, but is authorized in situations where the facts are such that the COURT MUST SAY in equity that THE PROPERY IS NOT that of the BANK but that of the CLAIMANT": John L. Walker Co. v. Alden et al., D.C., 6 F. Supp. 262, 267. "The RIGHT OF A CESTUI QUE TRUST to pursue and RECLAIM TRUST FUNDS rests upon PROPERTY RIGHT. His CLAIM DOES BECOME preferred over GENERAL CREDITORS of an INSOLVENT BANK on a mere showing of its NATURE and if it has been DISSIPATED there is nothing left to which the TRUST may attach. If the means of ascertainment and identification fail,

 


The statute forbids preferences, but is authorized in situations where the facts are such that the COURT MUST SAY in equity that THE PROPERY IS NOT that of the BANK but that of the CLAIMANT": John L. Walker Co. v. Alden et al., D.C., 6 F. Supp. 262, 267. "The RIGHT OF A CESTUI QUE TRUST to pursue and RECLAIM TRUST FUNDS rests upon PROPERTY RIGHT. 

His CLAIM DOES BECOME preferred over GENERAL CREDITORS of an INSOLVENT BANK on a mere showing of its NATURE and if it has been DISSIPATED there is nothing left to which the TRUST may attach. If the means of ascertainment and identification fail,


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