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GLASSMAN v. PHILADELPHIA RAPID TRANSIT

No. 6013.

82 F.2d 397 (1935)

GLASSMAN et al. v. PHILADELPHIA RAPID TRANSIT CO. et al.

Circuit Court of Appeals, Third Circuit.

December 20, 1935.

Attorney(s) appearing for the Case

Harry Sundheim and Samuel Goodis, both of Philadelphia, Pa. (Sundheim, Folz & Sundheim, of Philadelphia, Pa., of counsel), for appellants.

S. Davis Wilson, Wm. A. Schnader, Frederic L. Ballard, Allen Hunter White, and George Wharton Pepper, all of Philadelphia, Pa. (Ballard, Spahr, Andrews & Ingersoll, of Philadelphia, Pa., of counsel), for appellees.

Before BUFFINGTON, DAVIS, and THOMPSON, Circuit Judges.

BUFFINGTON, Circuit Judge.

In the course of the reorganization of the Philadelphia Rapid Transit Company in the court below, it was determined to sell the taxicab business which the transit company is operating at a large loss. After extensive advertisement soliciting bids and hearings before a master, the matter finally narrowed to two bids. While there was a face difference of $3,000 between the two, yet in reality, when the contract completion dates of the two...

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