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333 North Michigan abandoning Angeles Lumber Products appraisal argument assenting bondholders Boyd Caﬁall Oil Corp cert certiorari constitutionality Coriell corporate reorganization debt decree deﬁciency denied deprived determined difﬁculty discussed dissenting class District Court due process E. D. Mo equity receivership fair offer fair plan federal courts ﬁrst mortgage ﬁxed ﬁxing Flershem foreclosure Guaranty Trust Harvard Law School Hotel Securities Corp infra interest judicial sale Keig liquidation low upset price lower classes McElvain method Morris White N. D. Ill N. Y. U. L. Q. REV National Surety North Michigan Ave obligations of contract payment in full Phipps preferred stock prior class problem protection public sale Refusal to conﬁrm reorganized company rev’d right to cash Rock Island Railroad sale technique Section 77B senters statute stockholders strikers subsequent classes sufﬁcient Supp supra Supreme Court tion unsecured creditors valuation by sale Waco Development Washington County YORK UNIVERSITY