A petition pursuant to Chapter XI of the Bankruptcy Act was filed by Supernit, Inc., on February 11, 1949. No arrangement was effected and on May 19, 1949, an order of adjudication in bankruptcy was entered. The first meeting of creditors was held on June 17, 1949. M. & I. Discount Company (M. & I.) was a creditor of the bankrupt. Pursuant to the provisions of 11 U.S.C.A. § 755,
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IN RE SUPERNIT
No. 10249.
186 F.2d 130 (1950)
In re SUPERNIT, Inc. Appeal of BOYD.
United States Court of Appeals Third Circuit.https://leagle.com/images/logo.png
Argued October 16, 1950.
Decided December 29, 1950.
Attorney(s) appearing for the Case
William Harris, Newark, N. J., for appellant.
Max L. Rosenstein, Newark, N. J., for bankrupt.
Before BIGGS, Chief Judge, and KALODNER and HASTIE, Circuit Judges.
United States Court of Appeals Third Circuit.
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