Anglo-American Properties, Inc. v. Thompson

RONEY, Circuit Judge:

This appeal is taken from awards made to two claimants in the Chapter X reorganization of Anglo-American Properties, Inc., which awards were given priority lien status over Deeds of Trust on certain real property. Among the assets in the hands of the Trustee in Bankruptcy below were certain hotel and shopping center properties which had once been placed in receivership by the Chancery Court of Harrison County, Mississippi. R. W. Thompson had served as attorney to the state court receivers. Gulf National Bank had loaned money to the receivers for the purpose of financing…