IN RE DOWCO PETROLEUM, INC.

Bankruptcy No. TY-86-01221.

137 B.R. 207 (1992)

In re DOWCO PETROLEUM, INC., Debtor.

United States Bankruptcy Court, E.D. Texas, Tyler Division.

February 20, 1992.


Attorney(s) appearing for the Case

Dale Thomas, Chapter 7 Trustee, Longview, Tex.

Bob Anderson, Smead, Anderson, Wilcox & Dunn, Longview, Tex., for Chapter 7 Trustee.

Michael Gazette, Tyler, Tex., for Citizens State Bank.

John R. Bolster, Pritchard & Pritchard, Longview, Tex., for Henderson Independent School Dist. & Rusk County.

Chris Moser, Dallas, Tex., for Banc One.


OPINION

DONALD R. SHARP, Bankruptcy Judge.

This matter came on for consideration of the Trustee's Motion to Subordinate Lien of Henderson Independent School District and Rusk County and the Trustee's Motion to Distribute Secured Proceeds pursuant to regular setting. This opinion constitutes findings of fact and conclusions of law in accordance with Federal Rule of Bankruptcy Procedure 7052 and disposes of all the issues presented to the Court.

FACTUAL...

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