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IN RE CRABTREE

Bankruptcy Nos. 87-9110-TS thru 87-9114-TS.

112 B.R. 420 (1989)

In re Freeman Dale CRABTREE, an individual, Debtor. In re DAVID LYNN CRABTREE TRUST, an Oklahoma business trust, Debtor. In re Linda Catherine CRABTREE, an individual, Debtor. In re CATHERINE DIANNE CRABTREE TRUST, an Oklahoma business trust, Debtor. In re The ORCHARD COMPANY, an Oklahoma general partnership, Debtor.

United States Bankruptcy Court, W.D. Oklahoma.

April 3, 1989.

Attorney(s) appearing for the Case

Richard Bailey, Janice Loyd, McClelland, Collins, Bailey, Bailey & Bellingham, Oklahoma City, Okl., for debtors.

Michael P. Kirschner, Jackie L. Hill, Jr., Hastie & Kirschner, Oklahoma City, Okl., Bobbie G. Bayless, Bayless & Stokes, Houston, Tex., for trustee.

Collier H. Pate, Edward O. Lee, Pate & Payne, Oklahoma City, Okl., for City Bank and Trust.

Clyde Muchmore, Brooke Murphy, Karen Eby, Crowe & Dunlevy, Oklahoma City, Okl., for Campbell Group.

ORDER ALLOWING TRUSTEE TO SELL REAL PROPERTY AND OIL AND GAS INTERESTS AND PROVIDING FOR EQUITABLE DISTRIBUTION OF PROCEEDS FROM SALE OF COLLATERAL

JOHN TeSELLE, Bankruptcy Judge.

BACKGROUND FACTS

Debtors are indebted to City Bank and Trust (hereinafter "City Bank") pursuant to a pre-bankruptcy obligation secured by 1) a security interest in securities; 2) a mortgage on oil and gas interests; and 3) a mortgage on real property encompassing Debtors...

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