Price v. Williamson

MILLIKEN, Chief Justice.

This case involves one aspect of the relationship of the court of a state with a Federal trustee in bankruptcy under Section 77B of the Bankruptcy Act concerning corporate reorganization, enacted in 1934 and later largely incorporated in the “Chandler Act” of 1938, 11 U.S.C.A. § 511.

Appellants, Frank Price and G. T. Whittaker, owners of property over which the Inland Gas Corporation runs pipe lines, filed this action in the Floyd Circuit Court to compel Ben Williamson, Jr., trustee in bankruptcy of the corporation, to comply with KRS 278.485. The statute, enacted by…