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IN RE GRANADA HOTEL CORPORATION

No. 2613.

9 F.Supp. 909 (1935)

In re GRANADA HOTEL CORPORATION.

District Court, E. D. Illinois.

February 26, 1935.

Attorney(s) appearing for the Case

Frank McAllister, of Chicago, Ill., for petitioning creditors.

D. K. Jones, of Defrees, Buckingham, Jones & Hoffman, of Chicago, Ill., for bondholders' committeee.

LINDLEY, District Judge.

Parties holding bonds of the Granada Hotel Corporation, secured by trust deed, filed herein on December 31, 1934, their creditors' petition under section 77B of the Bankruptcy Act (11 USCA § 207), seeking reorganization of the property, which consists of an apartment building of some 200 apartments. The defendant corporation made no response to service of subpœna, and has been defaulted. Evidence has been submitted upon the question...

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