Circuit Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
May 6, 1935.
May 6, 1935.
Attorney(s) appearing for the Case
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 the Manhattan Co.
Cullen & Dykman, of Brooklyn, N. Y. (Ralph W. Crolly, of Brooklyn, N. Y., of counsel), for Brooklyn Trust Co.
Delafield, Thorne & Marsh, of New York City (George H. Porter, of New York City, of counsel), for City Bank Farmers' Trust Co.
Davis, Polk, Wardwell, Gardiner & Reed, of New York City (Tom Garrett and James A. Sweet, both of New York City, of counsel), for Guaranty Trust Co. of N. Y.
Newman & Bisco, of New York City (Frank J. Gillis, of New York City, of counsel), for Manufacturers' Trust Co.
Milbank, Tweed, Hope & Webb, of New York City (Hugh L. M. Cole, of New York City, of counsel), for Chase National Bank of City of New York.
Sullivan & Cromwell, of New York City (Gordon Tweedy, of New York City, of counsel), for Marine Midland Trust Co. of New York.
Larkin, Rathbone & Perry, of New York City (Henry E. Kelley, of New York City, of counsel), for Central Hanover Bank & Trust Co.
Cotton, Franklin, Wright & Gordon, of New York City (Robert M. Becket and Paul W. Williams, both of New York City, of counsel), for Chemical Bank & Trust Co.
Powell & Ruch, of New York City, for Prudence-Bonds Corporation.
George C. Wildermuth, of Brooklyn, N. Y., for Charles H. Kelby and Clifford S. Kelsey, as trustees of Prudence-Bonds Corporation.
Archibald Palmer, of New York City (Archibald Palmer, Harry D. Glicksman, and Sydney Basil Levy, all of New York City, on the brief), for intervening creditors.
Before MANTON, L. HAND, and CHASE, Circuit Judges.
Circuit Court of Appeals, Second Circuit.
MANTON, Circuit Judge.
The debtor has outstanding eighteen separate bond issues aggregating in principal amount about $56,000,000, and 54 certificate issues aggregating in principal amount about $53,000,000. The order appealed from affects the appellants, acting as respective trustees, under sixteen of these eighteen bond issues. Each of the bond issues is secured by a separate indenture between the debtor and a trust company or bank, under which the debtor pledged...
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