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IN RE CANYON PIPE LINE CO.

No. 8025.

39 F.Supp. 233 (1941)

In re CANYON PIPE LINE CO.

District Court, E. D. Illinois.

June 12, 1941.

Attorney(s) appearing for the Case

Charles F. Potter and Weeks, Surles & Potter, all of Centralia, Ill., for petitioner.

Robert Crain and Murphey & Crain, all of Centralia, Ill., for trustee.

LINDLEY, District Judge.

The assets involved consist of various parts of a pipe line system located in the active oil fields of Illinois. The bankrupt secured possession of the part mortgaged on February 6, 1940, when it is claimed it became the owner, subject to the mortgage hereinafter mentioned, and remained in possession thereof continuously until it made an assignment for the benefit of its creditors, whereupon the property came into possession and custody of...

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