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ing room” would be allowed the Ski Corporation, extending until July 15, 1974. At that time, another meeting will be called to “reassess our situation.” Moore told the creditors that “he was assiduously pursuing several different methods of refinancing. In the event one or more methods should prove successful, he hoped the bank holding the first deed of trust would allow a portion of the money available for payment of debts to be paid to unsecured creditors. Hie company would then execute interest-bearing notes for the remainder... ”
The creditors were told
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