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AUNE v. REYNDERS

Nos. 7699, 7956.

344 F.2d 835 (1965)

James B. AUNE, Robert E. Stamm, Sr., George Bettemiller, M.D., Virginia K. Moras, Hazel E. George and Karl S. Moras, Appellants, v. Eugene R. REYNDERS, Receiver of Shawano Development Corporation, a corporation, debtor, Foremost Research Foundation, Inc., and Securities and Exchange Commission, Appellees.

United States Court of Appeals Tenth Circuit.

April 27, 1965.

Attorney(s) appearing for the Case

Karl S. Moras, Waukegan, Ill., pro se, and for other appellants.

No appearance for Eugene R. Reynders, receiver.

Wayne K. Ramsay, Jacksonville, Fla. (Henderson, Godfrey, Kline & Uchner, Cheyenne, Wyo., and Milam, Ramsay & Martin, Jacksonville, Fla., on the brief), for appellee Foremost Research Foundation, Inc.

David Ferber, Solicitor, Securities and Exchange Commission (Philip A. Loomis, Jr., General Counsel, Thomas B. Hart, Regional Administrator, Richard M. Phillips, Special Counsel, Robert W. Cox, Attorney, and William D. Scheid, Attorney, Securities and Exchange Commission, on the brief), for appellee Securities and Exchange Commission.

Before PICKETT and BREITENSTEIN, Circuit Judges, and CHRISTENSEN, District Judge.

BREITENSTEIN, Circuit Judge.

These consolidated appeals relate to the same bankruptcy proceedings and attack orders of the district court rejecting a Chapter X plan of reorganization and adjudicating bankruptcy.

On April 3, 1959, Shawano Development Corporation, a Florida corporation, filed in the United States District Court for the District of Wyoming a debtor's petition for reorganization under Chapter X of the Bankruptcy Act.1

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