Evening star., 1946-12-21
Builders Study Plan
To Finish Homes Left
By Williams Failure
Continued From First Page)

planned to accept service OF q bank
ruptcy petition for williams Prop
erty,s Inc, the corporation under
which Williams had started con-
struction at Gwynn Park.
3. More than 200 veterans and
other creditors, at an explosive
meeting in Hyattsville, learned that
williams had deed to the Gwynn
Park property but did not own either
of the two other pieces Of land on
which he accepted deposits for
homes.
4. Court records disclosed that A..
Gwynn Bowie, States attorney for
Prince Georges County, fled con-
fessed judgment against Williams
December II for $13.870. The judg-
ment was for two overdue promis-
sorry notes and represents the pslr-
chase price Of the 80-lot Gwynn
Park area. Mr.. Bowie decided the
Gwynn Park property to Williams
last June II.
Today's expected action in Dis
trict Court viii clear the way for
all Williams assets to be treated
alike in the distribution to creditors.
Did Not Represent Firm.
Mr.. Mccullough explained that he
had not accepted service for VIII
liams Property, Inc, when he ac-
cepted service for Williams yester-
day because at that time he did not
represent the corporation.
The lawyer said Williams did not
consider the corporation insolvent.
but was willing to have it adjudi-
Gated in bankruptcy. The deed of
assignment filed by Williams ear
lier in the week in Prince Georges
County Circuit Court did not in
clude Williams Properties, Inc. ii
Mr.. Mccullough announced he
would file an answer Monday con-
senting to adjudication in bank
ruptcy. Probably on the same day
the case will be referred to q referee
who will send out q notice to all the
creditors, advising them when their
first meeting will be.
Claims Must Be Ready. :.
Henry S. Goodman, attorney for
some of the veterans among VIII
lianls' creditors. advised the veter-
ans at their meeting last night In
Hyattsville that they must have
their claim properly prepared for
filing at the first meeting Of trustees;
To arrange legal counsel for vet
Grams who don't have it, Waldron
Leonard, director Of the Veterans
Service Center, arranged for q
meeting of the veterans at the CEN
ter at 8 pm. next Thursday.
Mr.. Leonard was particularly en-
thusiastic about the possibilities Of
completing construction of the vet
erans' homes at Gwynn Park.
Through the efforts Of one or more
building associations, he said, the
veterans might be repaid for what
they have gone through in the past
few months as they waited with
growing hopelessness for the homes
Williams hasn't built.
Cooperation Needed.
Mr.. Henry said he hoped to have
the survey of the Gwynn Park pos
sibilities completed by late next
week. He pointed out that the con-
tinued cooperation OF lending In
terests would be necessary to carry
through the project.
The Prince Georges County States
Attorney today found himself In
the same boat as the other williams
creditors although he acted ahead
of most of them. He filed the con-
fessed judgment in Montgomery
County Circuit Court because VIII
liams resides in that jurisdiction.
The next day he recorded it with the
Prince Georges County Circuit
Court.
As a result of the Judgment, the
sheriff attached the Williams lurn-
ber and sawmill equipment, but
legal authorities said today that
since the. Judgment was not filed
four months before bankruptcy, Mr..
Bowie automatically becomes one of
the many creditors and the assets
he attached become the property
of the trustee for distribution to all
the creditors