IN RE CONNELLY

Bankruptcy No. 3-84-686.

41 B.R. 217 (1984)

In re Clarence F. CONNELLY and Mary Mae Connelly, Debtors.

United States Bankruptcy Court, D. Minnesota, Sixth Division.

June 19, 1984.


Attorney(s) appearing for the Case

Michael A. Fahey, Chaska, Minn., for debtor.

Arthur Doten, Minneapolis, Minn., for Norwest Bank Ortonville.

Kip Kaler, Fargo, N.D., for Unsecured Creditors Committee.

Roger Minch, Fargo, N.D., for Prudential Ins. Co. of America.

William Westphal, U.S. Trustee.


MEMORANDUM AND ORDER

WILLIAM A. HILL, Bankruptcy Judge.

On May 11, 1984, the Debtors filed a motion for authority to borrow funds and grant a security interest. By the same motion they also sought authority to use cash collateral of $24,162.18. A hearing was held on May 23, 1984, at the conclusion of which the Court authorized the Debtors to incur indebtedness in order to proceed with the 1984 crop season. A ruling on the use of cash collateral was reserved...

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