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IN RE PRUDENCE CO.

Nos. 27496, 27028.

14 F.Supp. 249 (1936)

In re PRUDENCE CO., Inc.

District Court, E. D. New York.

January 30, 1936.

Attorney(s) appearing for the Case

Kaufman, Weitzner & Celler, of New York City, and Thomas Cradock Hughes, of Brooklyn, N. Y., for trustees of Prudence Co., Inc., debtor.

Powell & Ruch, of New York City (Clinton J. Ruch and Ross W. Lynn, both of New York City, of counsel), for Charles H. Kelby and Clifford S. Kelsey, trustees of New York Investors, Inc.

Cullen & Dykman, of Brooklyn, N. Y. (Ralph W. Crolly, of Brooklyn, N. Y., of counsel), for Brooklyn Trust Co.

Delafield, Thorne & Marsh, of New York City (George H. Porter, of New York City, of counsel), for City Bank Farmers Trust Co.

MOSCOWITZ, District Judge.

The trustees of the debtor herein have petitioned this court for leave to organize a corporation under the laws of the state of New York with an authorized capital stock of $20,000, consisting of 200 shares of the par value of $100 each, for the purpose of negotiating and placing insurance, to the extent lawfully permissible, upon or in connection with properties in which the debtor herein directly or through its subsidiaries or any of them...

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