In re Reo Motor Car Co.

LEDERLE, District Judge.

Findings of Fact.

1. This corporate reorganization proceeding was instituted in accordance with Chapter X of the Bankruptcy Act, 11 U.S. C.A. § 501 et seq., as amended, by a voluntary petition filed by Reo Motor Car Company, a Michigan corporation, on December 18, 1938. A Plan of Reorganization was approved on December 12, 1939, and final decree was entered on October 7, 1940. The proceeding is presently before the court for decision on the final report filed on April 23, 1947, by Reo Motors, Inc., as Trustee for exchange of corporate stock in accordance with said Plan,…