Coleman v. Federal Land Bank
This text of 93 F.2d 1001 (Coleman v. Federal Land Bank) is published on Counsel Stack Legal Research, covering Court of Appeals for the Sixth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Upon a consideration of the facts as disclosed by the record in this case, this court is of opinion that the District Court was correct in finding (1) “Subsection (s) does not authorize the court to grant an extension of time arbitrarily”; (2) “The debtor’s offer of composition and extension was not made in good faith as that term is used in the statute”; and that the court did not err in its order dismissing the petition of petitioner in that court, appellant here. In re Borgelt, 7 Cir., 79 F.2d 929; Steverson v. Clark, 4 Cir., 86 F.2d 330; In re Reichert, D.C., 13 F.Supp. 1, 4, 5; In re Schaeffer, D.C., 14 F.Supp. 807; In re Byrd, D.C., 15 F.Supp. 453; In re Wylie, D.C., 16 F.Supp. 193, 194. All, among others, cited in footnote 6, in Wright v. Vinton Mountain Trust Bank, 300 U.S. 440, 462-463, 57 S.Ct. 556, 562, 81 L.Ed. 736.
The order of the District Court is affirmed.
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93 F.2d 1001, 1937 U.S. App. LEXIS 2950, Counsel Stack Legal Research, https://law.counselstack.com/opinion/coleman-v-federal-land-bank-ca6-1937.