In re Mead-Haskell Co.

NETERER, District Judge.

Petition for reorganization was filed May 19th, 1939. The estate consists largely of real estate, approximately 171 parcels improved in most part by dwelling houses; approximately 49 vacant parcels; it has record title to 131 parcels; and held under contract of purchase approximately 40 parcels. Under a plan called “1% per month plan (i. e.) the purchaser to pay 1% of the purchase price cash, and 1% per month, thereafter until the full price is paid”, sales were made, and 44 parcels were sold; eight of said parcels have been deeded, and trust deeds taken for the unpaid…