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RECEIVEDFEe 2 ~ ~
U~ITEU STA7'ES UISTRICT COURT
~ llI STRI C7' OF ~El~' J GRSI:Y ~
• In Proceedin~;s for an Arran~e- ~
Ii~ the Aiatter of : , ment Under Chapter XI of the ~
- IIankruj~tcy r~ct ~
i~GEORGE A. COSTA, et als . ~
ORDCR AU7'I~IORIZIi~G SALE OF REAI. _
~1 Debtors . . ES1:a7'E
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This r~atter having coi:ie on before this Court b}• ~vay of petitio
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~jand order requiring all kno~;n creditors of the debtors to sho~~r
,~~cause why an offer nade b~- Julian llemora to purchase sevei~ lots ~
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~~o~.ned by the d~Utor, Lucille 1'. Costa, located i~i the Coral Co~?e
~~Sut~division, St. I.ucie C'ounty, I=loricla in the sur~ of $6U,000. oI-
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'~~.~iy ariy il~aher or bettei• oftc,~c• snoiild noi, l~e a~cepi.c~ for sai.d rea ~
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`.~estate and it appearing that said order to sho~.~ cause ~ras served
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~~;upon all kno~.n creditors ancl interested parties in accordance ~,ith i
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~ 4its terms and it further appearing thar. on the return date of saiu '
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=order to shoi? .cause, the offer as aforesaid ~:as presented to this
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i~court by the attorneys for the debtors herein in tlle presence of
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llthe receiver, his attorney and the attorneys for the creditors
~jcornmittee, and it appearing further that no higlter or better oifer
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i~~:ere made for said real estate and the cvurt having l~eard argument
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;:of coun~el and in addition receiveci a report and appraisal of saici ~
~;pi-operty indicatino :t ~alue f~f '~60,750. and it appearing that it
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''?•-~~~elcl l~: ist thc• i~est ir.•*_ere~f s o; the deb~or artl ti~eir ciedi~ors i'
~~the offei• nade b~• Jtilian llemora i:ould be accepted for the seven ~
,~lots desci•ibed belot: and good cause ai~pearii~g for the u~aking of ~
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this order, ~ '
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IT IS, on this ilay- of ~io~~e~aber 1976, on- motion of Lehr~an u
il~'assermaii, P.:~. , attorneys for the debtors herein,
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~ R 283 389 -
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