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WHITE CHEMICAL COMPANY v. MORADIAN

No. 22788.

417 F.2d 1015 (1969)

WHITE CHEMICAL COMPANY, Appellant, v. Henry MORADIAN, Receiver in Bankruptcy of Cal-Zona Farms, a Corporation, and Henry Moradian, Trustee in Bankruptcy, et al., Appellee.

United States Court of Appeals Ninth Circuit.

October 17, 1969.

Attorney(s) appearing for the Case

Joseph B. Miller (argued), of McKesson, Renaud, Cook, Miller & Cordova, Phoenix, Ariz., for appellant.

Robert H. Carlyn (argued), of Fennemore, Craig, von Ammon, McClennen & Udall, Phoenix, Ariz., for Southwest Forest Industries.

William D. Baker (argued), of Rawlins, Ellis, Burrus & Kiewit, Phoenix, Ariz., for Producers Cotton Oil Co.

Richard B. Wilks, James B. Rolle, III, Phoenix, Ariz., for appellee.

Before MERRILL and CARTER, Circuit Judges, and JAMESON, District Judge.

JAMESON, District Judge:

This is an appeal from an order holding that receiver's certificates of indebtedness issued pursuant to Section 344 of the Bankruptcy Act1 were entitled to priority over other costs of administration in Chapter XI proceeding.

On July 16, 1964, the debtor, Cal-Zona Farms, filed a petition proposing an arrangement under the provisions of Chapter XI of the Bankruptcy Act, 11 U.S.C. § 701 et seq. On July...

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