IN RE FOLLANSBEE BROS. CO.

No. 18787.

20 F.Supp. 383 (1937)

In re FOLLANSBEE BROS. CO.

District Court, W. D. Pennsylvania.

February 2, 1937.


Attorney(s) appearing for the Case

W. Denning Stewart, of Pittsburgh, Pa., and Lewis A. Pinkussohn, of New York City, for Independent Bondholders Committee.

William B. Paul, of Pittsburgh, Pa., for debtor.

Patterson, Crawford, Arensberg & Dunn, of Pittsburgh, Pa., for Bondholders' Protective Committee.

Bialas & Ryan, of Pittsburgh, Pa., for Common Stockholders' Protective Committee.


GIBSON, District Judge.

The bondholders' protective committee known as the Roberts' Committee has filed one of the plans for the reorganization now before the parties in interest for consideration. Upon a hearing in the proceeding testimony was introduced which tended to prove that a large proportion of the bondholders originally represented by the committee had withdrawn their bonds from it and that the present amount of the bonds held by the committee was less than...

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