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IN RE WHITDEL PROPERTIES, LTD.

Bankruptcy No. 79-1569.

35 B.R. 720 (1984)

In re WHITDEL PROPERTIES, LTD., Debtor.

United States Bankruptcy Court, W.D. New York.

January 11, 1984.

Attorney(s) appearing for the Case

Burns, Suter & Doyle by James B. Doyle, Rochester, N.Y., for debtor.

Phillips, Lytle, Hitchcock, Blaine & Huber by Edward P. Yankelunas, Rochester, N.Y., for First Federal Sav. & Loan Ass'n.

MEMORANDUM AND DECISION

EDWARD D. HAYES, Bankruptcy Judge.

The Chapter XI debtor-in-possession in this Act case has filed an objection to the claim of First Federal Savings and Loan Association of Rochester, hereinafter referred to as "First Federal". The debtor, Whitdel Properties, Ltd., hereinafter referred to as "Whitdel" and First Federal have stipulated the facts.

The facts follow. There are four separate corporations owned by the same

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