IN RE PATTEN PAPER CO.

Nos. 5770, 5773.

86 F.2d 761 (1936)

In re PATTEN PAPER CO., Limited. NORTHERN PAPER MILLS et al. v. CARY et al. (two cases).

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied January 9, 1937.


Attorney(s) appearing for the Case

Harold M. Wilkie, of Madison, Wis., Joseph V. Quarles, of Milwaukee, Wis., and Homer H. Benton, of Appleton, Wis., for appellants.

Jerome R. North, and Edward M. Duquaine, both of Green Bay, Wis., and R. B. Graves, of Wisconsin Rapids, Wis., for appellees.

Before EVANS, Circuit Judge, and LINDLEY and BRIGGLE, District Judges.


EVANS, Circuit Judge.

These appeals concern the jurisdiction of a District Court in 77B proceedings over pledged stock in other corporations, where debtor's interest is that of pledgor or assignee of pledgor's equity. The District Court sought by the orders appealed from to effect a most advantageous sale of said stock, possible only if a controlling interest could be transferred. Without a successful culmination of this effort to secure and sell a controlling interest...

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