IN RE AMERICAN BOND & MORTGAGE CO.


58 F.2d 379 (1932)

In re AMERICAN BOND & MORTGAGE CO.

District Court. D. Maine, S. D.

April 22, 1932.


Attorney(s) appearing for the Case

Verrill, Hale, Booth & Ives and Cook, Hutchinson, Pierce & Connell, all of Portland, Me., for petitioners.

Saul S. Myers and Selden Bacon, both of New York City, Martin Witte, of Boston, Mass., and Frederick R. Dyer, of Portland, Me., for objecting creditors.


PETERS, District Judge.

The American Bond & Mortgage Company is a corporation organized and existing under the laws of Maine. With headquarters in Chicago, for many years it did a large business, floating some $150,000,000 of bonds of other companies and carrying on several activities incidental to its brokerage affairs.

In 1931 financial difficulties of the company culminated in a receivership and bankruptcy. On May 21st, in Chicago, there was filed an...

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