WILSON v. STEVENOT

No. 15583.

250 F.2d 694 (1957)

Alex E. WILSON, Appellant, v. Fred G. STEVENOT, Trustee of Coastal Plywood & Timber Co., Debtor, Appellee.

United States Court of Appeals Ninth Circuit.

December 23, 1957.


Attorney(s) appearing for the Case

Files & McMurchie, Sacramento, Cal., Clifton Hildebrand, Oakland, Cal., for appellant.

Orrick, Dahlquist, Herrington & Sutcliffe, Walter G. Olson, San Francisco, Cal., for appellee.

Before HEALY, CHAMBERS and BARNES, Circuit Judges.


HEALY, Circuit Judge.

Appellee was trustee in a Chapter X (11 U.S.C.A. § 501 et seq.) reorganization of Costal Plywood Company. He will hereafter generally be referred to as the trustee. Originally, in 1952, he undertook to formulate a plan of reorganization which would permit of the continued operation of Coastal. In 1953, however, his plan was rejected by Coastal's creditors, and he then sought to sell the company's assets to provide a fund for its creditors...

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