HOLMES, Circuit Judge.
This appeal is from an order affirming the action of the referee in bankruptcy in dismissing the petition of appellant for an arrangement as to real property under Chapter XII of the Bankruptcy Act of June 22, 1938, 11 U.S.C.A. § 801 et seq.
Appellant was the owner of one parcel of real estate, subject to a security deed in favor of appellee. The debt secured by it being in default, foreclosure proceedings were begun, whereupon...
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