In re B-F Building Corp.

JONES, District Judge.

In this proceeding, after an involuntary petition in Bankruptcy had been filed by General Electric Credit Corporation, the alleged bankrupt filed its consent to adjudication as a bankrupt and was so adjudicated September 22, 1958. Eventually several creditors were found with claims aggregating a sum considerably in excess of the assets of the B-F Building Corporation. In addition, General Electric Credit Corporation and General Electric Corporation filed claims totalling more than $800,000, based upon a written guarantee of the debts of the Baird-Foerst Corporation, said…