National Acceptance Co. of Chicago v. MaGill

SWAIM, Circuit Judge.

These appeals, prosecuted by the National Acceptance Company of Chicago, hereinafter referred to as “National,” question the validity of two orders which the District Court entered on January 9, 1951, in a reorganization proceeding instituted under Chapter X of the Bankruptcy Act. 11 U.S.C.A. § 501 et seq. On November 29, 1950, Chapman Coal Company, the debtor, hereinafter sometimes referred to as the “Company,” filed its petition for reorganization in accordance with the provisions of Chapter X of the Bankruptcy Act. By an order entered on the same day the petition was…