SUGARMAN, District Judge.
Supreme Lingerie Co., Inc. was adjudicated a bankrupt on June 30, 1949 after it had filed a petition proposing an arrangement under Chapter XI, 11 U.S.C.A. § 701 et seq. On the day of adjudication the New York Credit Men's Adjustment Bureau, Inc. was appointed Trustee.
On July 25, 1949 Newark Slip Contracting Co., Inc. (hereinafter referred to as Newark) moved before the Referee for authorization to sell, at public auction, pursuant...
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