In Re Electric Public Service Co.

NIELDS, District Judge.

This is a proceeding instituted under section 77B of the Bankruptcy Act (11 USCA § 207) for the reorganization of a corporation. The petition was filed October 4, 1934, by three creditors of the debtor. An answer to the petition was filed by the debtor and by receivers of the debtor appointed by the Court of Chancery of the state of Delaware.

Section 77B, par. (a), 11 USCA § 207 (a) prescribes: “Upon the filing of such a petition * * * the judge shall enter an order either approving it as properly filed under this section if satisfied that such petition * * * complies…