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IN RE HOLIDAY LODGE, INC.

No. 13536.

300 F.2d 516 (1962)

In the Matter of HOLIDAY LODGE, INC., Debtor. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHICAGO, a United States corporation, Appellant, v. HOLIDAY LODGE, INC., an Illinois corporation, Nathan J. Levin, et al., Petitioning Creditors and Gerald Grace, Receiver, Appellees.

United States Court of Appeals Seventh Circuit.

Rehearing Denied April 19, 1962.

Attorney(s) appearing for the Case

Thomas E. Moran, Edward Rothbart, Joseph Stein, Chicago, Ill., for appellant. Rothbart, Stein & Moran, Chicago, Ill., of counsel.

Carroll A. Teller, Morris S. Bromberg, Jack Arnold Welfeld, Chicago, Ill., for appellees. Teller, Levit & Silvertrust, Chicago, Ill., of counsel.

Before DUFFY, SCHNACKENBERG and KILEY, Circuit Judges.

Rehearing Denied En Banc April 19, 1962.

SCHNACKENBERG, Circuit Judge.

First Federal Savings and Loan Association of Chicago,1 a United States corporation, appealed from an order of the district court entered July 31, 1961, continuing a restraining order entered against it on February 3, 1961, in a Chapter XI proceeding, 11 U.S.C.A. § 714, initiated by an involuntary petition in bankruptcy filed by the unsecured creditors...

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