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TRAVELERS INDEMNITY COMPANY v. ANDERSON

No. 25189.

394 F.2d 929 (1968)

TRAVELERS INDEMNITY COMPANY, Appellant, v. C. Gordon ANDERSON, Trustee in Bankruptcy for TMT Trailer Ferry, Inc., et al., Bankrupt, Appellees.

United States Court of Appeals Fifth Circuit.

Rehearing Denied June 26, 1968.

Attorney(s) appearing for the Case

Joseph F. Jennings, Barry G. Seidel, Dixon, DeJarnette, Bradford, Williams, McKay & Kimbrell, Miami, Fla., for appellant.

William P. Simmons, Jr., Shutts & Bowen, Miami, Fla., for appellees.

Before GOLDBERG, GODBOLD and SIMPSON, Circuit Judges.

GOLDBERG, Circuit Judge:

Travelers Indemnity Company, a recent entry in the litigation surrounding the Chapter X reorganization of TMT Trailer Ferry, Inc.,1 seeks an upgrading of its priority status. Its Petition for Determination of Priority of Claim was denied by the district court below. We affirm.

On June 27, 1957, a reorganization proceeding was initiated against TMT Trailer Ferry, Inc. under Chapter X of the Bankruptcy Act...

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