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IN RE SAFTICRAFT CORPORATION

No. 12093.

255 F.Supp. 797 (1966)

In the Matter of SAFTICRAFT CORPORATION, Bankrupt.

United States District Court W. D. Louisiana, Lafayette Division.

June 30, 1966.

Attorney(s) appearing for the Case

Rudolph O. Vorbusch, New Orleans, La., for bankrupt.

James J. Morrison, New Orleans, La., and Allen R. Bares, Lafayette, La., for petitioning creditor Val-U Investment Corp.

Landry, Watkins, Cousin & Bonin, Alfred S. Landry, New Iberia, La., for petitioning creditor Glazer Steel Corp.

Charles N. Wooten, Lafayette, La., trustee.

PUTNAM, District Judge.

This is a petition for review of an order rendered in the above-captioned matter by the Referee on December 14, 1964. The bankrupt, Safticraft Corporation, was engaged in the ship building business in the parish of St. Mary, Louisiana, within the jurisdiction of this court. During the course of its operations it purchased steel from the petitioner, Glazer Steel Corporation, for the building of a 70-foot tug boat for Cheramie, one of Safticraft...

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