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STATE OF TEXAS v. TABASCO CONSOL. IND. SCHOOL DIST.

No. 10165.

132 F.2d 62 (1942)

STATE OF TEXAS et al. v. TABASCO CONSOL. INDEPENDENT SCHOOL DIST.

Circuit Court of Appeals, Fifth Circuit.

Rehearing Denied February 1, 1943.

Attorney(s) appearing for the Case

Gerald C. Mann, Atty. Gen., of Texas, Geo. W. Barcus and Clarence E. Crowe, Asst. Attys. Gen., of Texas, all of Austin, Tex., for appellant.

Chas. E. Thompson, of McAllen, Tex., for appellee.

Before SIBLEY, HUTCHESON, and HOLMES, Circuit Judge.

Rehearing Denied February 1, 1943. See 133 F.2d 196.

HOLMES, Circuit Judge.

This appeal is from an interlocutory decree confirming a plan of composition of the Tabasco Consolidated Independent School District of Texas under the provisions of Section 83, Chapter 9, of the Bankruptcy Act of 1898, as amended.1 The Reconstruction Finance Corporation, by purchase of 92.52 per centum of the bonded indebtedness...

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