In Re National Discount Corporation

WYCHE, Chief Judge.

The National Discount Corporation was on the first day of August, 1961, adjudged a bankrupt upon the ground that while insolvent it suffered the appointment of a receiver by the Court of Common Pleas for Spartanburg County, South Carolina, to take charge of its property.

The case is before me upon appeal from the order of the Referee in Bankruptcy disapproving the unanimous election of the trustee by the creditors of the bankrupt.

I have read the entire record of the proceedings that took place before the Referee in the unanimous election by the creditors of R. Emmett Kerr as…