Grand Lodge, Knights of Pythias of North America v. McKee

HUTCHESON, Circuit Judge.

Appellant filed its petition for reorganization under Section 77B of the Bankruptcy Act, as amended, 11 U.S.C.A. § 207. This appeal is from an order dismissing it for want of jurisdiction upon the ground that “petitioner is an insurance corporation within the meaning of section 4 of the Bankruptcy Act [as amended, 11 U.S.C.A. § 22],” and excepted from the benefits of the act.

Appellant is a nonprofit corporation, organized without capital stock, under the laws of the state of Florida, as a fraternal benefit society. In financial difficulties, it filed, in December,…