In the Matter of Flexton Corporation, Debtor. James Talcott, Inc.

HASTIE, Circuit Judge.

This litigation began with a petition filed in the District Court for the Southern District of New York by the debtor, Flexton Corporation, seeking to accomplish an arrangement with its unsecured creditors under Chapter XI of the Bankruptcy Act, 11 U.S.C.A. § 701 et seq. The debtor is a Pennsylvania corporation engaged in the manufacture of plastics in Pennsylvania. The District Court in New York ordered the proceedings transferred to the Eastern District of Pennsylvania where the record was received and filed January 23, 1954.

The District Court in Pennsylvania…