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IN RE MUNTZ TV

No. 11355.

225 F.2d 489 (1955)

In the Matter of MUNTZ TV, Inc., Principal Debtor. Tele-Vogue, Inc., and Muntz Industries, Inc., Debtors. W. G. EMBRY and Fort Worth National Bank, Appellants, v. C. Wylie ALLEN and Floyd G. Dana, Trustees of Muntz TV, Inc., Appellees.

United States Court of Appeals Seventh Circuit.

Rehearing Denied September 30, 1955.

Attorney(s) appearing for the Case

Rufus S. Garrett, Fort Worth, Tex., Robert F. Fuchs, Chicago, Ill., Rufus S. Garrett, Jr., Fort Worth, Tex., Frederick Mayer, Chicago, Ill., Garrett & Garrett, Fort Worth, Tex., Johnston, Thompson, Raymond & Mayer, Chicago, Ill., of counsel, for appellants.

Joseph W. Grady, James Overton Brooks, Chicago, Ill., for appellees.

Before MAJOR, FINNEGAN and SWAIN, Circuit Judges.

FINNEGAN, Circuit Judge.

Muntz TV, Inc., principal debtor here, leased a store building in Fort Worth, Texas on June 4, 1952 for a three-year term expiring June 30, 1955 from W. G. Embry of that State. By proceedings commenced March 2, 1954, with filing an involuntary petition for reorganization under Chapter X of the Bankruptcy Act,1 appellees Allen and Dana, were appointed trustees of the debtor corporation. The Texas lease was rejected...

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