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IN RE 7000 SOUTH SHORE DRIVE BLDG. CORPORATION

Nos. 5764, 5806.

86 F.2d 499 (1936)

In re 7000 SOUTH SHORE DRIVE BLDG. CORPORATION. CHICAGO TITLE & TRUST CO. v. 7000 SOUTH SHORE DRIVE BLDG. CORPORATION.

Circuit Court of Appeals, Seventh Circuit.

November 7, 1936.

Attorney(s) appearing for the Case

George I. Haight and Louis J. Behan, both of Chicago, Ill., for appellant.

George E. Q. Johnson, Luther D. Swanstrom, Walter E. Wiles, and Clarence A. Toolen, all of Chicago, Ill., for appellee.

Before EVANS and SPARKS, Circuit Judges, and LINDLEY, District Judge.

LINDLEY, District Judge.

Prior to the initiation of reorganization proceedings under section 77B of the Bankruptcy Act, as amended (11 U.S.C.A. § 207), on April 24, 1930, suit had been instituted in the state court for foreclosure of a trust deed upon the property involved. Directly after the initiation of that proceedings, the court appointed appellant receiver, as provided by the trust deed, and it continued as such...

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