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IN RE PARAMOUNT PUBLIX CORPORATION

No. 298.

90 F.2d 441 (1937)

In re PARAMOUNT PUBLIX CORPORATION.

Circuit Court of Appeals, Second Circuit.

June 7, 1937.

Attorney(s) appearing for the Case

Root, Clark, Buckner & Ballantine, of New York City (Cloyd Laporte, Samuel S. Isseks, and Rupert Warren, all of New York City, of counsel), for appellant.

Samuel Spring, of New York City (Joseph M. Proskauer, J. Alvin Van Bergh, and Eugene Eisenmann, all of New York City, of counsel), for appellee.

Before MANTON, L. HAND, and SWAN, Circuit Judges.

SWAN, Circuit Judge.

Under a written contract dated January 1, 1932, Sam Katz was employed by the debtor in an executive capacity for a term of three years. His duties were to be such as should be assigned to him from time to time by the board of directors or its executive committee and were to be of a dignity substantially equivalent to those he had performed under a prior contract; his compensation was to be a weekly cash salary of $2,500 and the option to purchase...

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