With no explanation, chose the best option from "A", "B", "C" or "D". of the alleged bankrupt for December 17, 1965. On December 17, 1965 the alleged bankrupt filed an amended answer, the issues were tried and submitted. On January 10, 1966 an order of adjudication in bankruptcy was entered by Referee Butt. On January 17, 1966 an order was entered by Réferee Butt “ * * * 0n oral application of Gene W. Thompson, attorney for Columbus Finance, Inc., to reconsider the order of this court entered herein on the 10th day of December, 1965 * * By this order, Referee Butt authorized the posting of a surety bond in the amount of $6,800 “* * * to any trustee to be appointed in this proceeding to guarantee its ability to refund to any such trustee said sum of $6,800 in the event that its mortgage # * # is not a valid mortgage # # and ordered the Ohio National Bank (<HOLDING>) to distribute in accordance with the order of

A: holding that the new jersey real estate licensing act is applicable to the sale of a company through a stock sale
B: holding that the proceeds of a liability insurance policy were not property of the estate
C: holding the real estate sale proceeds
D: holding that because proceeds of a letter of credit were not secured by estate collateral the proceeds were not property of the estate
C.