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IN RE VERMONT REAL ESTATE INV. TRUST

Bankruptcy No. 82-00033.

25 B.R. 808 (1982)

In re VERMONT REAL ESTATE INVESTMENT TRUST, Debtor.

United States Bankruptcy Court, D. Vermont.

November 1, 1982.

Attorney(s) appearing for the Case

Wyman Smith, for debtor.

Ronald A. Fox, Montpelier, Vt., for Charles Crowell and Crowell England and Co.

David Putter, Montpelier, Vt., for Elizabeth Gentile.

James F. O'Neill, for Howard Bank, Administrator for the Sawyer Estate.

Douglas J. Wolinsky, Burlington, Vt., for Committee of Unsecured Creditors.

William B. Gray, Rutland, Vt., for Margaret Baird.

Julian Goodrich, Gibson, Noble & Goodrich, Montpelier, Vt., for debtor.

E. Bruce Weber, Brattleboro, Vt., for Dr. Felix Sommer.

Matthew Katz, Burlington, Vt., for Merchants Bank.

William Mikell, Burlington, Vt., William A. Fead, Montpelier, Vt., for Shareholders' Committee.

Hiram Hunn, Plainfield, Vt., for Cody Management Ass'n, Inc.

John Primmer, St. Johnsbury, Vt., for Judy Walke, et al. as former trustees.

T.G. Hedges, pro se.

MEMORANDUM AND ORDER ON APPLICATION OF DEBTOR TO APPLY CASH ON HAND TOWARD THE INDEBTEDNESS TO THE MERCHANTS BANK FOR DELINQUENT MORTGAGE INSTALLMENTS

CHARLES J. MARRO, Bankruptcy Judge.

The Debtor filed an Application to apply cash on hand toward delinquent mortgage installments owed to the Merchants Bank. At a hearing on October 14, 1982, the Debtor, represented by Wyman Smith, submitted to the Court the basic premises for the application.

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