Brown v. Security Nat. Bank of Greensboro in Re Carolina Mills, Inc

PARKER, Chief Judge.

This is another appeal in the reorganization proceedings of Carolina Mills, Inc. The appeal here is by David H. Brown, principal creditor and sole stockholder of the corporation, from an order of the District Court allowing attorneys’ fees in the sum of $8,000 to counsel for the Jefferson Standard Life Insurance Company, a creditor of the corporation, secured by a deed of trust on its plant and machinery, and the Security National Bank of Greensboro, trustee under the deed of trust.

The debtor corporation had borrowed from the insurance company on November 5, 1946 the sum…