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IN RE SOUTHWEST ENTERPRISES, INC.

No. 691.

261 F.Supp. 721 (1966)

In the Matter of SOUTHWEST ENTERPRISES, INC., Tex-Iron, Inc., and Ore Processing Company, Inc.

United States District Court W. D. Arkansas, El Dorado Division.

As Corrected January 9, 1967.

Attorney(s) appearing for the Case

Arnold & Hamilton, Crossett, Ark., for petitioners.

Leon Catlett, Little Rock, Ark., Keith Clegg & Eckert, Magnolia, Ark., E. P. Russell, Memphis, Tenn., for First National Bank of Magnolia and Union Planters.

MEMORANDUM OPINION

OREN HARRIS, District Judge.

This is an action in which the petitioning corporations, Southwest Enterprises, Inc., Tex-Iron, Inc., and Ore Processing Company, Inc., filed their petition for reorganization under Chapter X of the Bankruptcy Act. They are corporations organized under and by virtue of the laws of the State of Arkansas, with their principal place of business at Magnolia, Arkansas.

The three corporations through their...

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