The appellants contend that their petition for dismissal of chapter eleven bank *1000 ruptcy proceedings should not have been denied by the Referee in Bankruptcy. The order of the Referee was affirmed by the district court, In the Matter of Louisiana Investment and Loan Corp., 224 F.Supp. 274 (E.D.La. 1963), and we agree with the conclusions set out and the result reached in that opinion. We affirm.