Thompson v. Getz in Re Plymold Corporation

CLIFFORD, District Judge.

This is an appeal by the Receiver of the Plymold Corporation from the order of the District Court dismissing the Receiver’s petition for review and confirming an order of the Referee in Bankruptcy, which directed the payment of interest to the holders of certain notes of the debtor at the rate of six (6%) per cent per annum after August 1, 1947, the date of maturity of the notes.

The facts are not in dispute.

On November 1, 1945, the Plymold Corporation, debtor, issued a series of 200 notes, totalling $200,000, in varying amounts, and with varying maturity dates,…