IN RE LAKE'S LAUNDRY

No. 473.

79 F.2d 326 (1935)

In re LAKE'S LAUNDRY, Inc.

Circuit Court of Appeals, Second Circuit.

July 29, 1935.


Attorney(s) appearing for the Case

Archibald Palmer, of New York City (Archibald Palmer, Harry D. Glicksman, Sydney Basil Levy, and Samuel Masia, all of New York City, on the brief), for appellant debtor.

Harold C. Mendelson, of New York City (Abraham S. Rudnick, of New York City, on the brief), for appellee American Laundry Machinery Co.

Lipton & Nachby, of New York City (Samuel R. Nachby and Samuel B. Lipton, both of New York City, on the brief), for appellee Samuel G. Braun.

Dills, Muecke & Schelker, of New York City (Duane R. Dills, M. G. Golden, and Eliot E. Berkwit, all of New York City, on the brief), for appellee Commercial Credit Corporation.

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


CHASE, Circuit Judge.

The debtor filed its petition for reorganization under section 77B in the District Court for the Southern District of New York on February 13, 1935, and the petition was approved the same day. Thereafter each of the appellees moved to reclaim property sold and delivered to the debtor under conditional sales contracts. One such petition related to an automobile truck and the others to machinery. All of these sales contracts had been executed and...

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