THE FORT ORANGE


5 F.Supp. 833 (1933)

THE FORT ORANGE. THE BERKSHIRE. THE TROJAN. THE RENSSELAER. CITY BANK FARMERS' TRUST CO. v. HUDSON RIVER NAVIGATION CORPORATION.

District Court, S. D. New York.

December 20, 1933.


Attorney(s) appearing for the Case

Mitchell, Taylor, Capron & Marsh, and Burlingham, Veeder, Fearey, Clark & Hupper, all of New York City (Mansfield Ferry, Henry L. Glenn, and Ray Rood Allen, all of New York City, of counsel), for City Bank Farmers' Trust Co.

Rogers & Whitaker, Crowell & Rouse and Kirlin, Campbell, Hickox, Keating & McGrann, all of New York City (Spier Whitaker, E. Curtis Rouse, Delbert M. Tibbetts, and Harold B. Finn, all of New York City, of counsel), for Maritime Lienors Standard Oil Co. and others.

Kenneth K. Mackenzie, of New York City (John J. McManus, of New York City, and Randolph W. Childs, of Philadelphia, Pa., of counsel), for bondholders' committee.

Herman L. Weisman, of New York City, for trustee in bankruptcy of Hudson River Navigation Corporation.


KNOX, District Judge.

On December 1, 1925, this court, which had for several years administered the affairs of Hudson Navigation Company in an equity and mortgage foreclosure suit, made a decree for the sale of the assets of the corporation. At the auction held on February 4, 1926, the properties were sold to Assets Purchasing Corporation. Nineteen days later this sale was confirmed. Some time thereafter, the bids of the purchasers were assigned to Hudson River Navigation...

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