(DOWNLOAD) "Tucker v. Texas American Syndicate" by United States Court Of Appeals Fifth Circuit. * Book PDF Kindle ePub Free
eBook details
- Title: Tucker v. Texas American Syndicate
- Author : United States Court Of Appeals Fifth Circuit.
- Release Date : January 07, 1948
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 58 KB
Description
This is a voluntary reorganization proceeding under Chapter 10 of the Bankruptcy Act, as amended, 11 U.S.C.A. §§ 501-676. The petition alleges that the debtor is a business trust or joint stock association, duly organized under the laws of Texas, and that it is unable to pay its debts as they mature. 11 U.S.C.A. §§ 526, 528, 530, 531, 541, 543, 544, 545. The nature of the debtors business is alleged to be owning land, farming, operating renches, raising live stock, acquiring and developing land for oil and gas, and engaging generally in the oil business. Numerous motions and other pleadings were filed on behalf of creditors and claimants, objecting to the jurisdiction of the court and averring that the petition was not filed in good faith. After hearing evidence and argument, the court overruled the motions to dismiss, approved the petition as properly filed, and directed that the debtor be continued permanently in possession of the property.
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