GIBSON, District Judge.
The allowance by the referee of the claims of certain holders of bonds of the bankrupt company has been certified to the court for review. The facts appearing in the record are substantially as follows:
The Penn-Clarion Coal Company, prior to the petition in bankruptcy, was a Pennsylvania corporation engaged in mining coal. The Frontier Coal Company was a New York corporation which held 53 per cent. of the stock of the Penn-Clarion...
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