LEIBELL, District Judge.
On January 16, 1939, a petition proposing an arrangement under Section 322 of the Bankruptcy Act, as amended, 11 U.S. C.A. § 722, was filed by Jungreis-Reish, Inc. After a hearing the Referee in Bankruptcy decided that it was for the best interests of creditors that the debtor be adjudged a bankrupt and on January 28, 1939, the order of adjudication was entered. The New York Credit Men's Association was appointed trustee in bankruptcy...
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