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IN RE HONEYCUTT GRAIN CO., INC.

Bankruptcy No. 582-00068, Adv. No. 584-0004.

41 B.R. 678 (1984)

In re HONEYCUTT GRAIN COMPANY, INC., Debtor. BANK OF DIXIE, Plaintiff, v. John F. KING, Defendant.

United States Bankruptcy Court, W.D. Louisiana, Monroe Division.

July 27, 1984.

Attorney(s) appearing for the Case

James Robert Jeter, Shreveport, La., for Bank of Dixie.

Louis D. Smith, Shreveport, La., for John F. King.

STATEMENT OF THE CASE

LeROY SMALLENBERGER, Bankruptcy Judge.

The first modified disclosure statement was filed in this case, on July 27, 1982, and was approved by this Court, on September 15, 1982. The first modified plan of reorganization was confirmed on October 6, 1982.

Under the plan, the farmers were to be cashed out either from retainage from their crops held by the trustee or by the Bank of Dixie purchasing their claims at $0.50 on the dollar...

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