IN RE SHELBURNE, INC.

Attorney(s) appearing for the Case

Emerson Richards, of Atlantic City, N. J., for appellant.

Robert A. Hall and George S. Munson, both of Philadelphia, Pa., and John A. McNaughton, of New York City, for Bondholders' Protective Committee.

Lindabury, Depue & Faulks, of Newark, N. J., and White & Case, of New York City (Francis W. Thomas, of Newark, N. J., and Carlos L. Israels, of New York City, of the New York Bar, of counsel), for New York Trust Co.

James N. Butler, of Atlantic City, N. J., for Thomas H. Munyan, William C. Rommel, and Lewis B. Moffett.

Robert K. Bell, of Ocean City, N. J., for Equitable Trust Co.

William A. Carr, of Philadelphia, Pa., for Shelburne, Inc.

Before BUFFINGTON, DAVIS, and BIGGS, Circuit Judges.