In Re Pizzolato

MEMORANDUM

JOHN E. MILLER, Senior District Judge.

This action is before the court on a Petition for Review filed pursuant to 11 U.S.C.A. § 67 by the Arkansas First National Bank of Hot Springs, Arkansas. The petition seeks to have reversed an order of the Referee in Bankruptcy dated August 1, 1967.

The pertinent facts as found by the Referee are as follows:

This is a proceeding under Chapter XIII of the Bankruptcy Act. Upon 100% acceptance by the unsecured creditors and by all secured creditors except the bank, and upon a separate finding by the court that the plan was feasible, the plan was…