Godfrey v. Powell

HUTCHESON, Circuit Judge.

These appeals relating to the All Florida Lines, while not directly from orders in Seaboard AirLine Railway reorganization proceedings, which have been approved by this court1 and the Fourth Circuit Court of Appeals,2 deal with one of the concluding phases of that reorganization in that the plan provides for the inclusion of the properties of the All Florida Lines in the reorganized Seaboard system through purchase by the Reorganization Committee at foreclosure sale at not less than a fair upset price. The foreclosure proceedings of All Florida have been matured and…