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IN RE MEMPHIS STREET RY. CO.

No. 7260.

86 F.2d 891 (1936)

In re MEMPHIS STREET RY. CO. FULLER et al. v. MEMPHIS STREET RY. CO. et al.

Circuit Court of Appeals, Sixth Circuit.

Rehearing Denied January 5, 1937.

Attorney(s) appearing for the Case

A. M. Lewis, of New York City (Albert Rathbone and Larkin, Rathbone & Perry, all of New York City, on the brief), for appellants.

John T. Shea, of Memphis, Tenn., for appellees.

Before MOORMAN, SIMONS, and ALLEN, Circuit Judges.

MOORMAN, Circuit Judge.

This is an appeal from an order of the District Court in a proceeding under 77B of the Bankruptcy Act (11 U.S.C.A. § 207) denying the appellants, a bondholders' protective committee, later a reorganization committee, compensation for their services and reimbursement for expenses incurred by them, including counsel fees, in the reorganization of the Memphis Street Railway Company.

In January of 1932 the railway company defaulted...

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