In re McAllester Hosiery Mills, Inc.

FRANK W. WILSON, District Judge.

This case is before the Court upon the petition of creditors to review the action of the Referee in Bankruptcy in ordering the refund of a deposit upon failure of confirmation of an arrangement under Chapter XI of the Bankruptcy Act.

Upon June 21, 1962 McAllester Hosiery Mills, Inc. filed a petition under Chapter XI. In furtherance of the plan of arrangement submitted under this petition a deposit of $33,500 was made with the Bankruptcy Court upon September 21, 1962. The deposit was made on behalf of the debtor by cashier’s checks made payable to “Sam J.…