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IN RE DRAINAGE DIST. NO. 7 OF POINSETT COUNTY, ARK.

21 F.Supp. 798 (1937)

In re DRAINAGE DIST. NO. 7 OF POINSETT COUNTY, ARK. (LUEHRMANN et al., Interveners).

District Court, E. D. Arkansas, Jonesboro Division.

December 27, 1937.

Attorney(s) appearing for the Case

Chas. D. Frierson, of Jonesboro, Ark., for petitioner.

Archer Wheatley and A. P. Patton, both of Jonesboro, Ark., for W. B. Chapman, trustee, representing majority creditors.

Vincent Miles, Sp. Asst. Atty. Gen., for the United States.

Chas. D. Long, of St. Louis, Mo., and J. B. Daggett, of Marianna, Ark., for objecting bondholders Luehrmann et al.

C. T. Carpenter, of Marked Tree, Ark., and J. T. Coston, of Osceola, Ark., for objecting creditor.

TRIMBLE, District Judge.

The petition of Drainage District No. 7 of Poinsett County, Arkansas, was filed on September 15, 1937, accompanied by the written consent of W. B. Chapman, trustee, claiming to be representative of more than 90 per cent. of the holders of the original bonds and coupons of the district, and also to be the owner and holder of more than 80 per cent. of the judgments against the district.

On October 2, 1937, I ordered a hearing to be set...

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