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NEW SMYRNA-DE LAND DRAINAGE DISTRICT v. THOMAS

No. 15866.

234 F.2d 338 (1956)

NEW SMYRNA-DE LAND DRAINAGE DISTRICT, Appellant, v. Wayne THOMAS, Marion Cunningham and Ed C. Wright, Objecting Creditors, Appellees.

United States Court of Appeals Fifth Circuit.

June 5, 1956.

Attorney(s) appearing for the Case

Louis Ossinsky, Horn & Ossinsky, Daytona Beach, Fla., for appellant.

Joseph C. Young, Clearwater, Fla., Francis P. Conroy, Marks, Gray, Yates & Conroy, Jacksonville, Fla., for appellees.

Before TUTTLE, CAMERON and JONES, Circuit Judges.

JONES, Circuit Judge.

The appellant, New Smyrna-DeLand Drainage District, is a public body in and organized under the laws of Florida. Fla.Stat.1955, Ch. 298, F.S.A. Within its boundaries are over fifty thousand acres of land, all of which are in Volusia County, Florida. It is an "agency" within § 81 as amended, Chapter IX of the Bankruptcy Act, 11 U.S.C.A. § 401. Owing in excess of $200,000 principal indebtedness evidenced by bonds, of which more than ...

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