PETERS, District Judge.
This matter was heard by me on objections to the granting of an application for confirmation of a composition offered by the alleged bankrupt and accepted by a large majority of its creditors.
By petition dated April 28, 1931, the alleged bankrupt represented "that a composition of 20% upon all unsecured debts not entitled to a priority, payable in cash, in satisfaction of its debts, will be proposed by it to its creditors before adjudication...
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