In re PRUDENCE CO., Inc.
Applications of MANUFACTURERS TRUST CO. et al.
District Court, E. D. New York.https://leagle.com/images/logo.png
July 30, 1935.
July 30, 1935.
Attorney(s) appearing for the Case
Miller, Boston & Owen, of New York City, for debtor.
Kaufman, Weitzner & Celler, of New York City, and Thomas Cradock Hughes, of Brooklyn, N. Y. (Emil Weitzner, of New York City, of counsel), for trustees of debtor.
Newman & Bisco, of New York City (F. J. Gillis, of New York City, of counsel), for Manufacturers Trust Co.
Carter, Ledyard & Milburn, of New York City (J. M. Richardson Lyeth and John P. Allee, both of New York City, of counsel), for president and directors of Manhattan Co.
Sullivan & Cromwell, of New York City, for Marine Midland Trust Co. of New York.
Delafield, Thorne & Marsh, of New York City (George H. Porter, of New York City, of counsel), for City Bank Farmers Trust Co.
Larkin, Rathbone & Perry, of New York City, for Central Hanover Bank & Trust Co.
Milbank, Tweed, Hope & Webb, of New York City (H. M. Cole, of New York City, of counsel), for Chase Nat. Bank of City of New York.
Cullen & Dykman, of Brooklyn, N. Y. (Ralph W. Crolly, of Brooklyn, N. Y., of counsel), for Brooklyn Trust Co.
Cotton, Franklin, Wright & Gordon, of New York City (P. W. Williams, of New York City, of counsel), for Chemical Bank & Trust Co.
Archibald Palmer, of New York City, for intervening creditors.
Edward Endelman, of New York City, for petitioning creditors.
Jacob A. Freedman, of Brooklyn, N. Y., for intervening creditors.
District Court, E. D. New York.
MOSCOWITZ, District Judge.
The opinion in the above matter dated July 1, 1935, is hereby modified to read as follows:
The president and directors of the Manhattan Company, as corporate trustee under two certain trust agreements dated April 1, 1925, and March 1, 1927, entered into between Prudence-Bonds Corporation and said trustee securing the Fifth and Ninth series of bonds of Prudence-Bonds Corporation, which were guaranteed as to payment of principal and...
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