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IN RE AMERICAN GUARANTY CORPORATION

No. 63B17.

221 F.Supp. 961 (1963)

In the Matter of AMERICAN GUARANTY CORPORATION, Debtor.

United States District Court D. Rhode Island.

September 11, 1963.

Attorney(s) appearing for the Case

Joseph C. Sullivan, New York City, for Securities and Exchange Commission.

Alfred B. Stapleton, Wilfrid E. McKenna, Providence, R. I., Marcien Jenckes, Boston, Mass., Andrew P. Quinn, Providence, R. I., Frederick G. Fisher, Jr., Boston, Mass., for debtor corporation.

Marshall Swan, Abraham Belilove, Providence, R. I., John Cancian, Boston, Mass., for various parties in interest.

DAY, District Judge.

American Guaranty Corporation (hereafter called "the debtor") on January 18, 1963 filed a petition for an arrangement under Chapter XI of the Bankruptcy Act. On January 25, 1963 a statement of affairs and schedules was filed by the debtor and a receiver of its property was appointed by the Referee in Bankruptcy. Subsequently, on May 24, 1963 the Securities and Exchange Commission (hereafter called the SEC) moved under the provisions of Section...

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