Louis Brandeis

“ For where the creditor's claim is $10,000, the payment on account $1000, and the distribution in bankruptcy 50 per cent., the creditor to whom the payment on account is made receives $5,500, while another creditor to whom the same amount was owing and no payment on account was made will receive only $5,000. A payment which enables the creditor 'to obtain a greater percentage of his debt than any other of such creditors of the same class' is a preference. ”

“ Sternberg (C.C.A.) 38 F. (2d) 614; Haas v. Sachs (C.C.A.) 68 F. (2d) 623. Also, Eyges v. Boylston Nat. Bank, 294 F. 286 (D.Mass.) ; Jentzer v. Viscose Company (D.C.S.D.N.Y.) 13 F.Supp. 540.↑ The applicable provisions are: 'Sec. 60a. ”