By virtue of proceedings instituted by it in the United States District Court, Varifab, Inc., was supervised and controlled under Chapter XI of the Federal Bankruptcy Act from July 24, 1962 until its discharge on March 22, 1965. On the former date, the Referee in Bankruptcy ordered that the corporation, as debtor-in-possession, be authorized to operate the business and manage its property until further court order, during which time it was ordered to file, among other things...
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