SCHOONMAKER, District Judge.
On December 10, 1943, debtor filed a petition for reorganization under Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq. The proceedings had progressed so far that on November 30, 1944, the Court ordered the disinterested trustee to file a plan of reorganization, which was done on January 31, 1945.
This proposed plan provided, inter alia, either for a sale of the warehouse property at an upset price of $500,000, as...
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