In Re Hilliker

The debtor herein in August, 1934, filed with the farm conciliation commissioner of Los Angeles county his petition under section 75 of the Bankruptcy Act, as amended (11 USCA § 203). He owed debts in excess of $30,000. The only parcel of alleged farm property listed was forty acres of land planted principally to citrus fruits of an alleged value of $15,000, with mortgage encumbrances against it amounting to $18,580. The debtor possessed lots and interests in city lots which were largely encumbered; also an interest in an oil well; also the equipment of a dental office. He has been a practicing dentist in Los Angeles City for the past thirty-five years and is continuing in that business.

After filing his petition with the conciliation commissioner, he submitted a proposal to his creditors that he be given a ten-year extension for the payment of all of his debts, which he stated would be without interest when paid, and that he should make payments thereon “in such installments and at such times within said ten-year period as may be' most convenient and feasible for your debtor to pay. During said extension period, debtor proposes to continue his farming operations under his own…