In Re Sabre Shipping Corporation

MANSFIELD, District Judge.

In this Chapter XI Arrangement proceeding the debtor, Sabre Shipping Corporation (“Sabre”), seeks review of the Referee’s allowance of the claim of Judson Sheldon International Corporation (“Judson”); the claimant has also brought on a petition for review claiming that interest on its claim should have been allowed. The proof of claim in the bankruptcy proceeding stated:

“By mistake, claimant paid a bill of the bankrupt twice. Bankrupt refused to refund on demand. Amount is $3,896.10 with interest from Apr. 27, 1962 to date of bankruptcy Oct. 16, 1964 $578., total…