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IN RE FRANCFAIR, INC.

No. 61421.

13 F.Supp. 513 (1935)

In re FRANCFAIR, INC.

District Court, S. D. New York.

June 3, 1935.

Attorney(s) appearing for the Case

Pollock & Nemerov, of New York City, for petitioner.

Burnstine, Geist, Netter & Hirst, of New York City, for trustee.

Harry Rodwin, of New York City (Edward F. Keenan, Irving H. Jurow and Joseph Lapidus, all of New York City, of counsel), for Superintendent of Insurance of State of New York, as Rehabilitator of New York Title & Mortgage Co.

BONDY, District Judge.

The debtor was incorporated January 2, 1935. Its petition for reorganization under section 77B (11 U.S.C.A. § 207) was filed January 15, 1935. The application for an order approving the petition was not made until April 22, 1935.

The only asset of the debtor is one parcel of real estate, known as the Franconia Hotel, 20 to 26 West Seventy-Second street, in the borough of Manhattan. It was transferred to the debtor at about the time...

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