In re Wayne Realty Co.
District Court, N.D. Ohio
In Bankruptcy. In the matter of the Wayne Realty Company, bankrupt. On objection by Re Grande Chase, one of the creditors, to confirmation of the composition offered by the bankrupt.
1Opinion of the Court
WESTENHAVER, District Judge.
One of the creditors of the bankrupt objects to the confirmation of the composition offered by the bankrupt, on the ground that it is not to the best interest of creditors. Specifically, the objecting creditor claims, among other things, that the form of the composition is indefinite, incomplete, and impracticable for a number of reasons. (Paragraph 6, with 9 subdivisions, A to I).
The offer, briefly, is that the bankrupt, as well as three others, officers of bankrupt company, convey to a trustee named certain real estate; that the trustee administer this…
2Cases cited5 opinions
- Kinkead v. J. Bacon & SonsCourt of Appeals for the Sixth Circuit · 1916
- In re Kinnane Co.District Court, S.D. Ohio · 1915
- In re HurstU.S. Circuit Court for the District of Eastern Michigan · 1876
- In re J. B. & J. M. Cornell Co.District Court, S.D. New York · 1911
- In re LewisDistrict Court, S.D. New York · 1874
3Cited by2 opinions
- In Re BorgeltDistrict Court, S.D. Illinois · 1935
- In re MoutonDistrict Court, W.D. Louisiana · 1936