In re American Guaranty Corp.

DAY, District Judge.

This matter is again before me upon the motion of the Securities and Exchange Commission (hereinafter called SEC) to dismiss the petition of American Guaranty Corporation (hereinafter called the debtor) for an arrangement under Chapter XI of the Bankruptcy Act, or, in the alternative, to dismiss unless said petition is amended in such a way as to transfer to proceedings under Chapter X of said Act. 11 U.S.C.A. § 728. Said motion was denied by me on September 11, 1963. In the Matter of American Guaranty Corporation, Debtor, 1963, D.C.R.I., 221 F.Supp. 961.

SEC appealed from…