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IN RE PREBLE CORPORATION

12 F.Supp. 1002 (1935)

In re PREBLE CORPORATION.

District Court, D. Maine, S. D.

December 17, 1935.

Attorney(s) appearing for the Case

John D. Clifford, Jr., of Portland, Me., Peter Isaacson, of Lewiston, Me., Joseph B. Jacobs, of Boston, Mass., and R. O. Brewster, of Portland, Me., for debtor corporation.

W. B. Nulty, of Portland, Me., and Carroll Perkins, of Waterville, Me., for Bondholders' Committee, Creditors.

PETERS, District Judge.

In this proceeding by a debtor corporation to effect a reorganization under 77B of the Bankruptcy Act, as amended, 11 U. S.C.A. § 207, it appears that the property involved is a parcel of land near the business center of Portland improved by the erection of office and other buildings for business purposes thereon.

This real estate is covered by three mortgages securing bonds and notes. According to the petition, these consist of...

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