HARRIS TRUST & SAVINGS BANK v. CHICAGO RYS. CO.

Nos. 6839, 9915.

17 F.Supp. 181 (1936)

HARRIS TRUST & SAVINGS BANK v. CHICAGO RYS. CO. et al. FIRST NAT. BANK OF CHICAGO v. CHICAGO CITY RY. CO. et al.

District Court, N. D. Illinois, E. D.

November 21, 1936.


Attorney(s) appearing for the Case

Essington & McKibbin, of Chicago, Ill., for General Electric Co.

Wilson & McIlvaine, of Chicago, Ill., for First Nat. Bank of Chicago.

Gale Blocki, of Chicago. Ill., for Chicago City Ry. Co., Calumet & South Chicago Ry. Co., and Southern Street Ry. Co.

Barnet Hodes, Corp. Counsel, of Chicago, Ill., for City of Chicago.

Burry, Johnstone, Peters & Dixon, of Chicago, Ill., for interveners Northern Trust Co. and Chicago City and Connecting Railways Collateral Trust Bondholders' Protective Committee.

Taylor, Miller, Busch & Boyden, of Chicago, Ill., for Chicago Title & Trust Co.

Ulysses S. Schwartz, of Chicago, Ill., for interveners Chicago City Ry. Co. Bondholders' Protective Committee and Calumet & South Chicago Ry. Co. Bondholders' Protective Committee.

Poppenhusen, Johnston, Thompson & Raymond, of Chicago, Ill., for interveners Chicago City Ry. Co. Minority Stockholders' Protective Committee.

DeFrees, Buckingham, Jones & Hoffman, of Chicago, Ill., for interveners Chicago City and Connecting Railways Collateral Trust Preferred Participation Shareholders' Protective Committee.

Schuyler, Weinfeld & Hennessy, of Chicago, Ill., for intervener Halsey, Stuart & Co., Inc.

Denis E. Sullivan, of Chicago, Ill., pro se.

William H. Sexton, of Chicago, Ill., for Committee on Local Transportation.

Tenney, Harding, Sherman & Rogers, of Chicago, Ill., for Harris Trust & Sav. Bank and First Mortgage Bondholders' Committee.

Harold Smith and Sidney C. Murray, both of Chicago, Ill., for Westinghouse Elec. & Mfg. Co.

David O. Dunbar, Daniel J. Schuyler, and Edwin H. Cassels, all of Chicago, Ill., for Cont. Ill. Nat. Bank & Trust Co. of Chicago.

Pam & Hurd, of Chicago, Ill., for City Nat. Bank & Trust Co. of Chicago.

Mayer, Meyer, Austrian & Platt, of Chicago, Ill., for Consolidated Mortgage Series B Bondholders' Committee.

Townley, Campbell, Clark & Miller, of Chicago, Ill., for Purchase-Money Mortgage Bondholders' Committee.

Amos C. Miller, of Chicago, Ill., for depositors under agreement of August 1, 1907.

Pope & Ballard, of Chicago, Ill., for Protective Committee for Holders of Participation Certificates, Series 1.

John R. Guilliams, of Chicago, Ill., for Chicago Rys. Co.

Robert N. Holt, of Chicago, Ill., for Protective Committee for Holders of Participation Certificates, Series 2.

James M. Sheean and Weymouth Kirkland, both of Chicago, Ill., for receivers.


WILKERSON, District Judge.

Decrees of foreclosure and sale were entered in the above causes on May 11, 1931.

The decrees provided that those desiring to bid for the property should file with the special master a statement as to whether or not the bid was on behalf of a corporation organized with the intention that it should acquire the property pursuant to a plan of reorganization, and that, if the property was to be so acquired, a copy of the plan should...

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