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IN RE CRESAP

No. 6415.

99 F.2d 722 (1938)

In re CRESAP. CRESAP v. EQUITABLE LIFE ASSUR. SOC. OF UNITED STATES.

Circuit Court of Appeals, Seventh Circuit.

November 9, 1938.

Attorney(s) appearing for the Case

N. E. Hutson, of Monticello, Ill. (Green & Palmer, of Urbana, Ill., of counsel), for appellant.

Henry I. Green and Enos L. Phillips, both of Urbana, Ill., for appellee.

Before SPARKS, MAJOR, and TREANOR, Circuit Judges.

SPARKS, Circuit Judge.

This action arose in a proceeding for composition and extension under section 75 of the Bankruptcy Act, 11 U.S.C.A. § 203. At its inception the appellee was prosecuting a foreclosure proceeding in the District Court against the debtor's farm. A receiver was in possession, a decree of foreclosure had been entered, a special master in chancery had been appointed to execute the decree, and he had advertised the sale of the land for a day certain...

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