HEALY, Circuit Judge.
This is a proceeding under Chapter IX of the Bankruptcy Act providing for the composition of indebtedness of local taxing agencies, 11 U.S.C.A. §§ 401-404.
Appellee Provident Irrigation District was organized in 1918 under the provisions of the California Irrigation District Act. It comprised 22,805 acres of land and is overlapped by Reclamation District No. 2047. In 1918 it issued bonds in the principal amount of $1,000,000...
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