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IN RE HLC PROPERTIES, INC.

Bankruptcy No. 385-30233-A-11.

55 B.R. 685 (1985)

In re HLC PROPERTIES, INC., Debtor.

United States Bankruptcy Court, N.D. Texas, Dallas Division.

December 23, 1985.

Attorney(s) appearing for the Case

Charles R. Gibbs and Steven D. Chantelois, Jenkens & Gilchrist, Dallas, Tex., for debtor.

Gary R. Terrell and Jack P. Driskill, McWhorter, Cobb & Johnson, Lubbock, Tex., for City Nat. Bank of Plainview, Texas.

OPINION REGARDING TRANSFER OF REAL PROPERTY

HAROLD C. ABRAMSON, Bankruptcy Judge.

On 20 December 1985 came on for consideration Debtor's Application for Authority to Transfer Real Property, wherein Debtor proposed to sell certain real property encumbered by a lien securing the claim of City National Bank of Plainview. The Application recites that the proceeds of the sale will be paid over to the bank, and that Debtor's indebtedness will be reduced by a corresponding...

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