Ouerbacker v. County‪.‬

On May 27, 1941, Henderson County, North Carolina, filed a petition in the District Court alleging that it was unable to pay its debts as they matured and therefore desired to effect a composition with its cerditors under Chapter 9 of the Bankruptcy Act, 11 U.S.C.A. 401 et seq., in conformity with a plan submitted with the petition. No objection was made by any one save Mrs. Emma A. Ouerbacker, who owned less than one per cent of the indebtedness affected by the plan. The District Judge, after hearing the evidence and giving due consideration to the matter, passed an interlocutory decree on September 4, 1941, confirming the plan; whereupon the objector filed this appeal under Section 403, sub. e.