Leco Properties, Inc. v. R. E. Crummer & Co.

128 F.2d 110, 1942 U.S. App. LEXIS 3524
CourtCourt of Appeals for the Fifth Circuit
DecidedMay 5, 1942
DocketNo. 10201
StatusPublished
Cited by8 cases

This text of 128 F.2d 110 (Leco Properties, Inc. v. R. E. Crummer & Co.) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fifth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Leco Properties, Inc. v. R. E. Crummer & Co., 128 F.2d 110, 1942 U.S. App. LEXIS 3524 (5th Cir. 1942).

Opinion

HUTCHESON, Circuit Judge.

Appealing from orders1 in a municipal bankruptcy proceeding brought but not carried to completion by the City of [111]*111Wauchula, appellants attacked them as void for want of jurisdiction and if not, as erroneous. Appellees; urging that the orders are not appealable, move to dismiss the appeal. On the merits, they insist that the orders are valid and should be affirmed.

The appeals come up in this way. On August 25, 1939, the City of Wauchula, filed a petition for composition of its debts in accordance with the plan2 attached to the petition. The petition was approved as filed in good faith and as in compliance with the law, and there was an order setting the petition down for hearing, making the plan of composition temporarily operative, and postponing, during the pendency of this proceeding until otherwise ordered, the payment of principal and interest on the city’s debts.

On February 9, 1940, the court entered an interlocutory decree, approving the plan as fair and equitable and to the best interest of the creditors, making it temporarily operative pending the. final decree, directing the petitioner to begin and carry it through to a conclusion within 60 days, and pending the delivery of the new securities, retaining jurisdiction to -consummate the plan and enjoining3 persons from collecting, or attempting to collect or from suing on account of, the securities affected by the plan of composition.

Thereafter, the- city being unable to carry out the plan, -a series of orders was entered extending the time for doing so, and on April 11, 1941, it appearing that it would not be carried -out, the court issued an order requiring the city to file a statement showing the amount of monies in each separate debt service account, as of the filing of the petition and those received subsequent thereto. The statement having been filed, the court on June 23, 1941, entered an order reciting the failure of the plan, “and that the pendency of the proceedings should be continued insofar as is [112]*112necessary to protect the rights of all parties interested in the funds on hand but that such pendency should not interfere with the enforcement of such rights as creditors would otherwise have”, and providing for a notice to the creditors, a filing of claims by August l'S, 1941, and a distribution accordingly, and for a report by the city to the court of its disbursement's under the order.

The order concluded with a paragraph4 reserving jurisdiction for the purpose of distributing the monies dealt with in the order but specifically dissolving all injunc-tive orders and authorizirig creditors, holding securities affected by the plan of composition, to proceed as they may be advised. Pursuant to this order the city issued its notice and appellant, Leco Properties, through its counsel, Garner, instead of appearing and filing affidavit, sued out and obtained against the city, in the state court, on August 8, 1941, an alternative writ, and on October 9, -1941, a peremptory writ of mandamus, on account of bonds and interest coupons of the city owned by it.

On October 10th, Crummer & Company and the other appellees, filed their motion to enjoin appellants from further proceedings with the mandamus suit, and adjudge them in contempt for steps they had taken therein. On October 10th, a temporary, and on October 24th, a permanent, order restrained and enjoined appellants from further’ continuing or prosecuting their mandamus action and from seeking or obtaining any benefit on account thereof. This was followed by the order of November 6, 1941, adjudging appellants in contempt for having instituted the proceedings, and ordering them to pay as costs and damages, $740.69.

The motion to dismiss because the orders are interlocutory and therefore not appealable is, neither in its premise nor in its conclusion, well founded. Neither of the orders is interlocutory, each purports to be, each is a final order. By one of them appellants are “permanently enjoined. By the other they are finally adjudged guilty of contempt and finally ordered to pay money. But if they were interlocutory they are orders in controversies, arising in proceedings in .bankruptcy and appealable whether interlocutory or final, under Sec. 47, Title 11, U.S.C.A.

On the merits the matters are not so easily disposed of. As to the injunction decree depriving plaintiff of the benefit of the writ and requiring it to submit its claim in the composition proceeding, there is much to be said for appellants’ position. This is, that a municipal composition proceeding,5 while maintainable under the bankruptcy powers, is a proceeding for voluntary settlement of its indebtedness6 and not a proceeding to adjudge the city a bankrupt,7 and though the jurisdiction of the court over the municipality and its debt service funds for the purpose of effectuating the composition is exclusive [113]*113and complete, Poinsett Lbr. & Mfg. Co. v. Drainage District, 8 Cir., 119 F.2d 270; Kelley v. Lassiter, Fla., March 20, 1942, 7 So.2d 458, that jurisdiction does not, it cannot extend to adjudging the city bankrupt or to administering its affairs as in bankruptcy. It is strictly limited to disapproving or to approving and carrying out a proposed composition.8 Strong support for its view that this jurisdiction may not be enlarged to give the court custody of or control over funds of the city when the proposed composition has failed, is found, in the failure of the statute to provide for such control, Subsec. i of9 Sec. 303, having been omitted from, the 1937 Act. It is found too; in the precisely set out provisions for the exercise of the composition jurisdiction; in the provisions of Subsec. c, Sec. 403, prohibiting the judge from interfering by order or decree with any of the governmental or political powers of the city, its properties or revenues or any income producing properties necessary for governmental purposes unless the plan of composition so provides; in Subsec. i, Sec. 403, disclaiming the intention to control the municipality in exercising its political or governmental power including expenditures therefor; and finally in the reasoning of the Supreme Court in the Bekins Case, United States v. Bekins, 304 U.S. 27, 50, 58 S.Ct 811, 815, 82 L.Ed. 1137, construing the act as not operating to “restrict [the city’s] control over its fiscal affairs” but leaving it “free to manage [its] own affairs.”

So strong is this support that if the city had objected below and were objecting here to the assertion over it and its funds, of the jurisdiction in question, we should be bound to sustain its objection and deny the asserted jurisdiction. But the city is not objecting. On the contrary it has fully acquiesced in the orders as appropriate to, and in, the proceedings so long delayed by its action, and has taken steps to carry them out. We think that it does not lie in the mouth of appellants to complain of orders entered in the assertion of a jurisdiction to which the city has assented, by, in effect, tendering the funds into, and submitting, in the winding up of the proceeding, to their distribution, by the court.

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Bluebook (online)
128 F.2d 110, 1942 U.S. App. LEXIS 3524, Counsel Stack Legal Research, https://law.counselstack.com/opinion/leco-properties-inc-v-r-e-crummer-co-ca5-1942.