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IN RE R. S. McCONNELL LUMBER CO.

No. 44764.

50 F.2d 941 (1931)

In re R. S. McCONNELL LUMBER CO., Inc.

District Court, S. D. New York.

June 22, 1931.

Attorney(s) appearing for the Case

Swiger, Scandrett, Chambers & Landon, of New York City (J. Anthony Panuch, of New York City, of counsel), for Seward Nat. Bank.

Murray, Aldrich & Webb, of New York City, for Equitable Trust Co.

A. Donald MacKinnon, of New York City, and Arthur J. Keeffe and Andrew Jackson, both of New York City, opposed.

WOOLSEY, District Judge.

The petition to review is dismissed, and the order of the referee is affirmed.

I. On May 10, 1927, the bankrupt secured from the American Credit-Indemnity Company a credit indemnity policy in the sum of $50,000 to cover it for a year from March 1 to February 29, 1928, against losses from credit extended to certain preferred firms according to table of ratings of the National Lumber Manufacturers' Credit Corporation.

The provisions...

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