SMITH, District Judge.
The debtor, Henry C. Reusch & Company, Inc., filed an original petition under Chapter XI of the Bankruptcy Act, 11 U. S.C.A. § 701 et seq., on June 12, 1940. The proposed arrangement was abandoned prior to acceptance, and the debtor, hereinafter referred to as the Bankrupt, was adjudged a bankrupt on August 13, 1940. The creditor, Fidelity Union Trust Company of New Jersey, hereinafter referred to as the Bank, filed a claim in the amount...
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