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IN RE UNION LEAGUE CLUB OF CHICAGO

No. 10712.

203 F.2d 381 (1953)

In re UNION LEAGUE CLUB OF CHICAGO. O'MALLEY et al. v. UNION LEAGUE CLUB OF CHICAGO.

United States Court of Appeals Seventh Circuit.

April 16, 1953.

Attorney(s) appearing for the Case

Arnold I. Shure, Chicago, Ill., Paul N. Dale and Brimson Grow, Chicago, Ill., for appellants.

Roscoe C. Nash, Charles A. Thomas, Chapman & Cutler, Chicago, Ill., of counsel, for appellee.

Before DUFFY, FINNEGAN and LINDLEY, Circuit Judges.

LINDLEY, Circuit Judge.

In the course of the proceedings incident to the reorganization of the debtor, the Union League Club of Chicago, under Chapter X of the Bankruptcy Act, 11 U.S. C.A. § 501 et seq., an issue arose as to whether the debtor is liable for interest upon bonds secured by a second mortgage upon its real property, for the period from August 1, 1932 to July 16, 1935. The District Court having decided, in...

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