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IN RE FOLLANSBEE BROS. CO.

No. 18787.

10 F.Supp. 496 (1935)

In re FOLLANSBEE BROS. CO.

District Court, W. D. Pennsylvania.

February 1, 1935.

Attorney(s) appearing for the Case

Max Kahn, of Philadelphia, Pa., and Strassburger & McKenna, of Pittsburgh, Pa., for unsecured creditors.

John D. Meyer, of Pittsburgh, Pa., for the Commonwealth.

Patterson, Crawford, Arensberg & Dunn, of Pittsburgh, Pa., for bondholders.

Reed, Smith, Shaw & McClay, of Pittsburgh, Pa., for trustees.

SCHOONMAKER, District Judge.

The commonwealth of Pennsylvania has demanded of the trustees payment of the 1933 capital stock tax, which was settled and approved against the corporation on December 5, 1934, at $1,622.36, and the 1933 corporate loan tax, which was also settled and approved on December 5, 1934, at $6,011.54. The trustees have now come into court asking instructions as to what to do with reference to paying these claims, as they have funds with which...

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