In re Federal Coal Co.

COCHRAN, District Judge.

This proceeding is before me on petitions for review filed by the Hamilton National Bank, the Hamilton Trust & Savings Bank, and the Lookout Coal Company complaining of an order of the referee disallowing as secured claims certain mortgage bonds executed by the bankrupt and held by the petitioners. The bonds so disallowed were part of an issue of $275,000, made September 22, 1924, secured by a mortgage of that date on the property of the bankrupt. The execution of the bonds and mortgage was authorized, first at a meeting of the stockholders and then at a meeting of the…