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IN RE ROGERS-PYATT SHELLAC CO.

No. 336.

51 F.2d 988 (1931)

In re ROGERS-PYATT SHELLAC CO.

Circuit Court of Appeals, Second Circuit.

July 7, 1931.

Attorney(s) appearing for the Case

David W. Kahn and Bonynge & Barker, all of New York City, for appellants.

Alexander & Green, of New York City (James H. McIntosh and Edward W. Bourne, both of New York City, of counsel), for respondents.

Before L. HAND, SWAN, and CHASE, Circuit Judges.

SWAN, Circuit Judge.

During the autumn of 1928, the chief creditors of Rogers-Pyatt Shellac Company found that it was in financial difficulties, and a creditors' committee was formed and put in charge of its business with the consent of its officers and directors. Without the concurrence or knowledge of this committee, an involuntary petition in bankruptcy was filed against the corporation on January 4, 1929. The appellants were attorneys for the three petitioning...

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