Atlantic Coast Line R. v. St. Joe Paper Co.

HUTCHESON, Chief Judge.

This appeal from an order1 authorizing the trustees of the property of the debtor to purchase 2464 shares of the capital stock of Fruit Growers Express Company is ancillary to, and was submitted with, *333the appeal in No. 14163 on the docket of this court 201 F.2d 325. It attacks, as improvident and unauthorized and an invasion of the province of the commission in a Section 77 reorganization proceeding, the provision in its second paragraph creating a lien in favor of the '5 percent bondholders “which * * * shall be superior to 'any interest in the property acquired…