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IN RE SOUTH COAST CO.

Nos. 1075, 1079.

8 F.Supp. 43 (1934)

In re SOUTH COAST CO. (two cases).

District Court, D. Delaware.

September 12, 1934.

Attorney(s) appearing for the Case

Hering & Morris and Josiah Marvel, Jr., all of Wilmington, Del., Murray C. Bernays, of New York City, and Max Swiren, of Chicago, Ill., for debtor and petitioning creditors.

Hugh M. Morris and Ivan Culbertson, both of Wilmington, Del., and Fletcher Lewis, of Chicago, Ill., for intervening bondholders' protective committee.

NIELDS, District Judge.

June 13, 1934, three creditors filed a petition in this court against the debtor under section 77B of the Bankruptcy Act (11 USCA § 207), setting forth that the petitioners "proposed that [the debtor] shall effect a reorganization." Without answering this petition, the debtor, June 18, 1934, filed its petition under the same section setting forth the facts required by the statute and stating that the debtor "desires to effect a plan of...

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