In re Hotel Charles Co.

BREWSTER, District Judge.

In proceedings brought by the Hotel Charles Company for reorganization under section 77B, Bankr. Act (11 USCA § 207), questions are presented respecting the powers of the court to deal with the situation arising upon the following state of facts:

The debtor owned a hotel building in Springfield, Mass. In 1931 the assessors of the city of Springfield, after allowing an abatement, assessed the property for $742,-000. The taxes for that year were not paid, and, on August 24, 1932, the property was sold for taxes and bought in by the city for the sum of $22,705.86. The…