Beecher v. Federal Land Bank

Pursuant to our order of June 6, 1945, appellant and appellees have each filed *984their briefs herein, which have been duly-considered by the court.

The order of the referee of April 30, 1940, purporting to stay all judicial proceedings against the bankrupt farmer or hi» property and to permit the debtor to retain possession of the latter for the period of three years was made without (a) the approved appraisal provided in subsection s of section 75, 11 U.S.C.A. § 203, sub. s, or (b) the setting aside to the debtor of his unencumbered exemptions, or (c) • the ordering of the possession of the…