Legal Opinion

In re Southern Motor Lines

District Court, S.D. Texas

Decided March 7, 1955No. 2248Published

1Opinion of the Court

KENNERLY, District Judge.

This is a proceeding under Chapter 10 of the Bankruptcy Act, § 501 et seq., Tit. 11 U.S.C.A. to reorganize the Southern Motor Lines, a Texas corporation, for brevity called Debtor.

The Executive Committee provided for in the heretofore approved plan of reorganization has presented a draft of an *375order seeking this Court’s approval of proceedings looking to the dissolution of the Debtor’s corporate existence.1

The facts are as follows:(a) The plan of reorganization (accepted by the requisite number of stockholders and creditors and confirmed by the Court, and which has…

2Cases cited2 opinions

  1. Old Fort Improvement Co. v. LeaCourt of Appeals for the Fourth Circuit · 1937
  2. Bache v. Louisiana Oil Refining Corp.Court of Appeals for the Fifth Circuit · 1938

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