IN RE PRUDENCE CO.

Nos. 27496, 27028.

15 F.Supp. 1067 (1936)

In re PRUDENCE CO., Inc. In re RECONSTRUCTION FINANCE CORPORATION.

District Court, E. D. New York.

June 4, 1936.


Attorney(s) appearing for the Case

Root, Clark, Buckner & Ballantine, of New York City (William P. Palmer and Everett I. Willis, both of New York City, of counsel), for Reconstruction Finance Corporation.

Kaufman, Weitzner & Celler and Thomas Cradock Hughes, all of New York City (Emil Weitzner and Harold S. Lynton, both of New York City, of counsel), for trustees of Prudence Co., Inc.


MOSCOWITZ, District Judge.

The Reconstruction Finance Corporation (hereinafter referred to as RFC) moves for an order directing the trustees of the debtor herein to pay over to it the sum of $77,687.35 representing the whole of the amortizations which matured, respectively, on January 1, 1933, and July 1, 1933, and part of the amortization which matured on January 1, 1934, upon a certain bond and mortgage.

Substantially all of the facts involved herein have...

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