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EQUITABLE R. ASS'N v. DARDANELLE S. SCHOOL DIST, ETC.

No. 12597.

138 F.2d 236 (1943)

EQUITABLE RESERVE ASS'N et al. v. DARDANELLE SPECIAL SCHOOL DIST. NO. 15 OF YELL COUNTY, ARK.

Circuit Court of Appeals, Eighth Circuit.

October 25, 1943.

Attorney(s) appearing for the Case

L. P. Biggs, S. L. White, and John S. Gatewood, all of Little Rock, Ark., for appellants.

Wallace Townsend and Lee Cazort, Jr., both of Little Rock, Ark., for appellee.

Before WOODROUGH, THOMAS, and JOHNSEN, Circuit Judges.

THOMAS, Circuit Judge.

On November 23, 1942, the Dardanelle Special School District No. 15 of Yell County, Arkansas, filed its petition for composition with its creditors pursuant to the provisions of §§ 81-84 of the Bankruptcy Act, 50 Stat. 654, as amended June 28, 1940, c. 438, §§ 1-4, 54 Stat. 670, June 22, 1942, c. 434, 56 Stat. 377, 11 U.S.C.A. §§ 401-404. On February 19, 1943, the district court, after notice and hearing, filed...

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