IN RE NEW YORK INVESTORS

Nos. 492, 493.

79 F.2d 179 (1935)

In re NEW YORK INVESTORS, Inc. RECONSTRUCTION FINANCE CORPORATION v. ENDELMAN et al.

Circuit Court of Appeals, Second Circuit.

July 22, 1935.


Attorney(s) appearing for the Case

Root, Clark, Buckner & Ballantine, of New York City (William P. Palmer, Everett I. Willis, and V. Henry Rothschild, II, all of New York City, of counsel), opposed, for appellant Reconstruction Finance Corporation.

Edward Endelman, of New York City, for the motion made in his own behalf.

Powell & Ruch, of New York City (Clinton J. Ruch, of New York City, of counsel), for the motion made on behalf of trustees-appellees Charles H. Kelby and Clifford S. Kelsey.

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


AUGUSTUS N. HAND, Circuit Judge.

The main proceeding here is one for the reorganization of the debtor under section 77B of the Bankruptcy Act (11 USCA § 207). It was preceded by a suit by John H. Selby against New York Investors, Inc., in which Charles H. Kelby and Clifford S. Kelsey, the trustees herein, were appointed equity receivers and a protective committee of preferred stockholders of Prudence Company, Inc., for which Edward Endelman was attorney, was...

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