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IN RE SHENORHOKIAN

No. 4598.

22 F.Supp. 695 (1938)

In re SHENORHOKIAN.

District Court, S. D. California, N. D.

March 21, 1938.

Attorney(s) appearing for the Case

K. Kuyumjian, of Fresno, Cal., for petitioner.

C. S. Tinsman, of Los Angeles, Cal., for creditor.

COSGRAVE, District Judge.

The right of a secured creditor to the amount of his debt or ultimately to bid that amount at a sale of the property and thus obtain title to the property cannot be taken away from the creditor. Louisville Bank v. Radford, 295 U.S. 555, 580, 55 S.Ct. 854, 859, 79 L.Ed. 1593, 97 A.L.R. 1106. If it becomes evident that rehabilitation of the debtor is not possible, the court may dismiss the proceedings. Wright...

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