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GEORGIA, FLORIDA & ALABAMA R. CO. v. BANKERS TRUST CO.

No. 12475.

170 F.2d 733 (1948)

GEORGIA, FLORIDA & ALABAMA R. CO. et al. v. BANKERS TRUST CO. et al.

United States Court of Appeals Fifth Circuit.

November 23, 1948.

Attorney(s) appearing for the Case

James H. Price and William B. Price, both of Greenville, S. C., and Frank B. Hand, Jr., of Washington, D. C., for appellants.

Harry S. Strozier, Walter A. Harris and A. O. B. Sparks, all of Macon, Ga., and Jesse E. Waid, Harold J. Gallagher and Leonard D. Adkins, all of New York City, for appellees.

Before HUTCHESON, SIBLEY, and LEE, Circuit Judges.

SIBLEY, Circuit Judge.

In a railroad reorganization proceeding under Section 77 of the Bankruptcy Act, 11 U.S.C.A. § 205, the appellees as mortgage trustees for bondholders filed a claim for $1,750,000 principal and about the same amount for past due interest, with an additional sum for interest on over due interest, promised in the bonds and coupons. The claim was resisted as to the interest items by the debtor, Georgia, Florida and Alabama Railroad Company...

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