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IN RE WOLFORD ENTERPRISES, INC.

Bankruptcy No. 81-20021, Adv. No. 81-0025.

11 B.R. 571 (1981)

In re WOLFORD ENTERPRISES, INC., Debtor. James E. WOLFORD, Charles D. Wolford and Jeannette C. Withrow, Plaintiffs, v. WOLFORD ENTERPRISES, INC., Penn Eastern Corporation, and James W. Loughner, Sr., Defendants.

United States Bankruptcy Court, S.D. West Virginia.

April 16, 1981.

Attorney(s) appearing for the Case

P. Michael Pleska and William H. Scharf, Charleston, W. Va., for plaintiffs.

Norman E. Rood, Huntington, W. Va., for Wolford Enterprises, Inc.

Leon K. Oxley, Huntington, W. Va., for Penn Eastern Corp. and James W. Loughner, Sr.

MEMORANDUM OF OPINION

EDWIN F. FLOWERS, Bankruptcy Judge.

In this adversary proceeding, the Plaintiffs demand that judgments be entered against the Defendant Penn Eastern Corporation on promissory notes issued by it to the Plaintiffs, and against the Defendant James W. Loughner, Sr., on his personal guarantee of the payment of this indebtedness. In addition, the Plaintiffs seek a lifting of the automatic stay imposed by 11 U.S.C. § 362(a), to enable...

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