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IN RE WILLIAMSPORT WIRE ROPE CO.

No. 8881.

10 F.Supp. 481 (1935)

In re WILLIAMSPORT WIRE ROPE CO.

District Court, M. D. Pennsylvania.

April 12, 1935.

Attorney(s) appearing for the Case

John G. Candor, of Williamsport, Pa., and H. Orvel Sebring, Jr., and W. James MacIntosh, both of Philadelphia, Pa., for petitioner.

Welles, Mumford & Stark, of Scranton, Pa., and Shearman & Sterling, of New York City, for Committee acting under Bondholders Protective Agreement.

Cravath, deGersdorff, Swaine & Wood, of New York City, for Bethlehem Steel Corporation.

JOHNSON, District Judge.

On November 5, 1934, the Williamsport Wire Rope Company filed a petition for reorganization under section 77B of the Bankruptcy Act (11 USCA § 207), to which objections were filed on the ground that the petition was not filed in good faith.

The Williamsport Wire Rope Company is now conducted by receivers in equity appointed September 16, 1932. A bondholders' protective committee, formed...

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