The Bridgeport evening farmer., 1914-12-23
John c. Chamberlain, Trus- tee for Burr 6 Knapp, In stitutes $15o, 900 Action Against First Bridgeport National Bank.
 Wife of H. M. Knapp Is De fendant Tn Another Suit Alleging That Transfer of Knapp Home Was Made Without consideration.

Tn an effort to recover property salo fo rightfu1ly belong to the Burr SI Knapp creditors. Trustee John Y. sfshamberla,in this morning brought ss.,,;4 apainst the First Bridgeport Ma fionaI bank for $150, 900 and against z. sI ,o11isse FSaxonf Knapp, the latter saefior1 being to gain possession 9f the sK<napp homestead on Park place De- 4s41tv Sheriff John M. Donnelly served napers on Vice-President F. WsA Wren If the bank and on. Mrs. Knapp. The E5,ifs were brought through Judge sIal7T, s Pullman, counsel for Trustee John c. Chanberlain-
 Tn tlle complaint against the bank if is said that Burr & Knapp had de- nosi5s aggregating $20e, o0o. They had an account with the Frst-Brddgeport hank and cleared through the bank for checks On August 3 last Burr q Knapp deposited with the bank drafts m tha Georgia Loan & Trust Co or Macon, Ga- amounting to S1 So.0oO- Payment was refused by the sEI1ast 70 10. Ind the drafts were returned pro tested to the local bank. Taereupon 18slz1 G Knapp became indebted to the
 Between August 12 and September 42 last. 1t is claimed that Burr G Knapp transferred certain securities and made cash payments as collafeEa@ for tliiss z7zd ehtedzl flhe tlIzae k5f these transfers Burr & Izntspp were 5rsolvent. The total of value of these securities was $66, ,25o. They ine1ud- ed bonds of the Sedaha, Mo. Water Co. valued at $5.0Oo; 30 shares Of the Georgia, Loan & Trust Co.,. $3.0O0: sec ond mortgage bonds of the Watervaiet. N. Hydraulic Co., $30,5 800; first mortgaEe bonds of the same conn pany. s3.000; notes secured by the Mary H. Burr property on Fairfield avenue. S14,0OO; motesfgiven by Mrs. Burr and secured by 29 pieces of local property. $16, ,500; cash from Burr & knapp $11,6oo; two insurance policies On the life of H. M. Knapp at $1o, ,00o each There are also IT mortgages given by local real estate men and Builders which were turned over tc s1ae bank by Burr & Knapp.
 iAH these transfers, the trustee Etates. were made within four months of the time that Burr & Knapp went into Bankruptcy and. therefore the creditors have a legal right to recover. The possession of these would enable the F1rst-Bridgep bank to obtain a greater percentage of it's debts than other creditors.
 Tn addition to $50, 900 damages the .4r11stee wants the superior court to order tlae bank to account for all se- IcurIttes to assign all securities undis- posed of back to the trustee and to Dav the trustee the amounts received for the securities sold
 Tn the action against MTs Knapp, the trustee says that the defunct firm owes $s06. POT. .s6 and has not sufficient funds to pay it's debts. On September
 last 9 deed transferring the Park place homestead from H M Knapp to Mrs. Knapp was recorded. This syas a gift without consideration. The oroperty also has a frontage on La fayetts street It is subject to a s1O,- l0O mortgage but it is reasonably worth $5.O00 more
 At the time of the transfer Burr 6 KnapD were lnsolvent and they weni drto Bankruptcy about six weeks lat 9er The trustee wants the superior court to set aside the conveyance and also award $10,00o damages.
 Both actions are returpable to the January term of court.