In re PRUDENCE BONDS CORPORATION (PRESIDENT AND DIRECTORS OF MANHATTAN CO. et al., Appellants).
Circuit Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
August 8, 1935.
August 8, 1935.
Attorney(s) appearing for the Case
Mudge, Stern, Williams & Tucker, of New York City (Joseph V. Kline, of New York City, of counsel), for appellant President and Directors of the Manhattan Co.
Cullen & Dykman, of Brooklyn, N. Y. (Ralph W. Crolly, of Brooklyn, N. Y., of counsel), for appellant Brooklyn Trust Co.
Powell & Ruch, of New York City (Frederick J. Powell, of New York City, of counsel), for appellee debtor.
George C. Wildermuth, of Brooklyn, N. Y., for appellees Charles H. Kelby and Clifford S. Kelsey, trustees of debtor.
Archibald Palmer, of New York City (Harry D. Glicksman and Sydney Basil Levy, both of New York City, on the brief), for appellees intervening creditors.
Before MANTON, SWAN, and CHASE, Circuit Judges.
Circuit Court of Appeals, Second Circuit.
SWAN, Circuit Judge.
On June 29, 1934, Prudence-Bonds Corporation, existing under the Stock Corporation Law of New York (Consol. Laws N. Y. c. 59), filed a petition for reorganization under section 77B of the Bankruptcy Act (11 USCA § 207). The petition was approved on the same day, with the usual clauses providing for a stay of suits pending against the debtor and for an injunction against the enforcement of liens upon...
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