Legal Opinion
Texas Hotel Securities Corp. v. Waco Development Co.
Court of Appeals for the Fifth Circuit
Decided December 28, 1936No. 8192PublishedCited by 32 opinions
1Opinion of the Court
SIBLEY, Circuit Judge.
Waco Development Company on May 17, 1935, filed a petition for reorganization under Bankruptcy Act, § 77B (11 U. S.C.A. § 207), on the ground that it was unable to meet its debts as they matured. Besides a little cash it owned only the Roosevelt Hotel in Waco, Tex., and its equipment, put at a value depreciated to $602,361 but now fixed at $725,000; and its indebtedness besides taxes was an issue of negotiable gold notes or bonds secured by a mortgage on the hotel of $413,000 principal. Notes for $465,000 were originally issued, but $52,000 which matured prior to…
2Cases cited9 opinions
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- Tennessee Publishing Co. v. American National BankSupreme Court of the United States · 1936
- Shropshire, Woodliff & Co. v. BushSupreme Court of the United States · 1907
- Meyer v. Kenmore Granville Hotel Co.Supreme Court of the United States · 1936
- Waco Hilton Hotel Co. v. Waco Development Co.Court of Appeals of Texas · 1934
4 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Young v. Higbee Co.Supreme Court of the United States · 1945
- In Re Victory Const. Co., Inc.United States Bankruptcy Court, C.D. California · 1981
- DISH Network Corp. v. DBSD North America, Inc.Court of Appeals for the Second Circuit · 2011
- In Re Allegheny International, Inc.United States Bankruptcy Court, W.D. Pennsylvania · 1990
- Keach v. Boyajian (In Re Keach)Bankruptcy Appellate Panel of the First Circuit · 2000
27 more not listed; retrieve them via the Exa API.