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IN RE TRACY

No. 23194.

194 F.Supp. 293 (1961)

In the Matter of Coyle John TRACY, Debtor.

United States District Court N. D. California, N. D.

April 11, 1961.

Attorney(s) appearing for the Case

Milton Maxwell Newmark, San Francisco, Cal., for Crane Co.

McVay, Stone & Reid, Modesto, Cal., for debtor.

HALBERT, District Judge.

This is a Chapter XI arrangement proceeding. Debtor is a wholesaler of plumbing supplies. He petitioned for an arrangement under which he proposed to pay all priority debts upon the order confirming the arrangement; to pay all debts incurred in the operation of his business within 30 days of incurring them; and to pay all other unsecured debts in two installments, one 90 days after a final order of confirmation of the arrangement, and a second...

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