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AMERICAN UNITED LIFE INS. CO. v. HAINES CITY, FLA.

No. 9734.

117 F.2d 574 (1941)

AMERICAN UNITED LIFE INS. CO. v. HAINES CITY, FLA.

Circuit Court of Appeals, Fifth Circuit.

February 12, 1941.

Attorney(s) appearing for the Case

Robert J. Pleus and Hewen A. Lasseter, both of Orlando, Fla., for appellant.

W. Wallace Shafer, of Haines City, Fla., and J. Mark Wilcox, of Miami, Fla., opposed.

Before SIBLEY, HUTCHESON, and HOLMES, Circuit Judges.

SIBLEY, Circuit Judge.

On June 19, 1939, the City of Haines City, Florida, filed a petition for composition of its debts under Chapter IX of the Bankruptcy Act, as amended, 11 U.S.C.A. § 401 and ff. An interlocutory decree confirming a plan was entered October 2, 1939. By it the principal of the City's indebtedness was to be refunded dollar for dollar by new bonds bearing lessened interest and with a distant maturity. The coupons for past due interest and accrued...

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