IN RE NORTHERN REDWOOD LUMBER CO.

No. 27503-S.

43 F.Supp. 15 (1942)

In re NORTHERN REDWOOD LUMBER CO.

District Court, N. D. California, S. D.

January 10, 1942.


Attorney(s) appearing for the Case

Sterling Carr, of San Francisco, Cal., for trustee.

Hugh K. McKevitt, of San Francisco, Cal., for debtor.

Brobeck, Phleger & Harrison, of San Francisco, Cal., for Fentress Hill.

Miller, Canfield, Paddock & Stone, of Detroit, Mich., for Detroit Trust Co.

William Bassett, Jr., of Washington, D. C., for Securities and Exchange Commission.

Keith & Creede, of San Francisco, Cal., for Limited Mut. Compensation Ins. Co.

Heller, Ehrman, White & McAuliffe, of San Francisco, Cal., for Wells Fargo Bank & Union Trust Co., and another.

Chickering & Gregory, of San Francisco, Cal., for Detroit Trust Co. and another.

Lillick, Olson, Levy & Geary, of San Francisco, Cal., for Bondholders' Committee, Northern Redwood Lumber Co.


ST. SURE, District Judge.

On April 4, 1936, debtor filed its petition for reorganization under Section 77B of the Bankruptcy Act, 11 U.S.C.A. § 207. The petition was thereafter approved and the administration of the estate proceeded. On December 1, 1938, debtor applied to the Reconstruction Finance Corporation for a loan of $1,000,000 to consummate the plan of reorganization. The board of directors of the RFC adopted...

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