Wheeling Valley Coal Corporation v. Mead

PARKER, Chief Judge.

This is an appeal from an order disallowing a claim in bankruptcy. Claimants are the Wheeling Valley Coal Corporation and the Wheeling Coal Company, corporations which on Aug. 26, 1942, leased two coal mines to the bankrupt Warner Coal Corporation under a contract providing for the payment of minimum royalties. A petition in involuntary bankruptcy was filed against the Warner Coal Corporation on October 9, 1943, and on October 23, 1943, the bankruptcy court appointed an operating receiver who entered into a contract with claimants prescribing the terms under which the…