In Re Charter Co.

ORDER REMOVING L.A. STRICKLAND FROM UNSECURED CREDITORS’ COMMITTEE

GEORGE L. PROCTOR, Bankruptcy Judge.

THIS MATTER is before the Court on the motion of the Unsecured Creditors’ Committee for the Court to remove one of its current members, i.e. L.A. Strickland, an individual owner of preferred convertible shares in The Charter Company. Mr. Strickland makes no claim of creditor status other than his ownership of those shares.

This Chapter 11 case was filed on April 20, 1984. On that day, the Court entered an order appointing a single committee pursuant to 11 U.S.C. § 1102, based on creditor…