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REVERE COPPER & BRASS v. ADRIANCE MACHINE WORKS

No. 124.

68 F.2d 708 (1934)

REVERE COPPER & BRASS, Inc., v. ADRIANCE MACHINE WORKS, Inc., et al.

Circuit Court of Appeals, Second Circuit.

January 8, 1934.

Attorney(s) appearing for the Case

Shiland, Hedges & Pelham, of New York City (Arleigh Pelham and Arthur G. Donnelly, both of New York City, of counsel), for defendant and certain creditors, appellants.

Almet Reed Latson, of New York City, for receiver.

Before MANTON, AUGUSTUS N. HAND, and CHASE, Circuit Judges.

MANTON, Circuit Judge.

A receiver was appointed for the Adriance Machine Works, Inc., March 29, 1932, on a creditors' bill for conservation of its property. After operating the business, with the assistance of the successful bidders, until November 4, 1932, the court ordered the liquidation of its assets. The receiver offered the entire property for sale. In the receiver's fourth report of November 7, 1932, he set forth offers of purchase received and the court entered...

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