In re S. F. Bros.

PICARD, District Judge.

Petition for review of an order of the Referee in Bankruptcy denying petitioners’ motion to dismiss an order to show cause.

Findings of Fact

Subsequent to filing of the involuntary petition in bankruptcy on May 1, 1952, a plan of arrangement was offered on behalf of the bankrupt wherein it was-proposed that the latter’s indebtedness would be discharged by installment payments, to be secured by mortgages on certain real estate allegedly owned by others. The plan failed, however, and S. F. Brothers Company was adjudicated bankrupt November 17, 1952.

On December 2, 1952, the…