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IN RE LOUISIANA INVESTMENT AND LOAN CORPORATION

No. 63-801.

224 F.Supp. 274 (1963)

In the Matter of LOUISIANA INVESTMENT AND LOAN CORPORATION.

United States District Court E. D. Louisiana, New Orleans Division.

December 9, 1963.

Attorney(s) appearing for the Case

Leon A. Pradel, James F. Quaid, Jr., New Orleans, La., for bankrupt, Louisiana Investment & Loan Corp.

Phelps, Dunbar, Marks, Claverie & Sims, J. Barnwell Phelps, New Orleans, La., for bankrupt, Louisiana Investment & Loan Corp., in petition to rescind original bankrupt petition.

No. 63-801, Division D.

AINSWORTH, District Judge.

This is a petition for review of the order and opinion of the Referee in Bankruptcy, denying a petition purportedly filed on behalf of the bankrupt for dismissal of the Chapter XI Bankruptcy Act proceeding herein.

On September 16, 1963, the Chapter XI petition was filed on behalf of the debtor corporation by its President, Thomas P. Quaid. This action was authorized by a resolution adopted on August...

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