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IN RE EVERGREEN VALLEY RESORT, INC.

Bankruptcy No. 182-00225.

23 B.R. 659 (1982)

In re EVERGREEN VALLEY RESORT, INC., Debtor.

United States Bankruptcy Court, D. Maine.

October 7, 1982.

Attorney(s) appearing for the Case

John B. Cole, Skelton, Taintor & Abbott, P.A., Lewiston, Maine, for Maine Guarantee Authority.

Richard E. Poulos, Portland, Maine, for debtor.

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Bankruptcy Judge.

The debtor, Evergreen Valley Resort, Inc. (Evergreen) has filed an application for authority to use cash collateral consisting of approximately $21,500 in excess reserves held by Casco Bank & Trust Co.1 and proceeds from the sale of timber. A hearing was held on the issue of use of the excess reserves only.2 All parties consent to the...

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