IN RE WICKWIRE SPENCER STEEL CO.

No. 21880.

12 F.Supp. 528 (1935)

In re WICKWIRE SPENCER STEEL CO.

District Court, W. D. New York.

October 14, 1935.


Attorney(s) appearing for the Case

Larkin, Rathbone & Perry, of New York City, and Frederick, Smith, Donald & Farley (Henry E. Kelley and Franklin Benkard, both of New York City, and Malcolm McDonald, of counsel), for reorganization committee.

Abram M. Frumberg, John K. White, and David M. Palley, all of New York City, for petitioning creditors.

Jacob J. Lesser, of New York City, and Alfred F. Ritter, of Brooklyn, N. Y., for stockholders' protective committee.

Kenefick, Cooke, Mitchell, Bass & Letchworth, of Buffalo, N. Y. (Thomas R. Wheeler, of Buffalo, N. Y., and S. O. Levinson, of Chicago, Ill., of counsel), for certain creditors.


KNIGHT, District Judge.

This is a proceeding for a reorganization of Wickwire Spencer Steel Company under provisions of section 77B of the Bankruptcy Act (11 USCA § 207). The petition, introductory to these proceedings, was approved by this court on July 30, 1934, and thereafter permanent trustees of such company were named.

A motion is now made by a petitioning creditor for an order adjudging the debtor insolvent and determining that the stockholders...

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