In re Southern Land Title Corp.

HEEBE, District Judge:

The § 144, 11 U.S.C. § 544, hearing with respect to the above corporations, all wholly-owned subsidiaries of Southern Land Title Corporation, was held on September 20, 1967. On October 16, 1967, we entered an order sustaining the voluntary petition of each of the subsidiaries as well as the involuntary petition for the reorganization of Southern Land. We indicated that we would assign written reasons at a later date. Inasmuch as the matter is now on appeal, we issue this opinion to serve as our findings of fact and conclusions of law which contain our reasons for our…