IN RE UTILITIES POWER & LIGHT CORPORATION

Nos. 6264, 6284.

91 F.2d 598 (1937)

In re UTILITIES POWER & LIGHT CORPORATION. ASSOCIATED INVESTING CORPORATION v. UTILITIES POWER & LIGHT CORPORATION et al.

Circuit Court of Appeals, Seventh Circuit.

June 30, 1937.


Attorney(s) appearing for the Case

Ross and Watts, of Chicago, Ill. (Clarence H. Ross and Melvin A. Hardies, both of Chicago, Ill., of counsel), for appellant.

Charles LeRoy Brown, Jacob Logan Fox, Nathan S. Blumberg, and Clifford E. Fix, all of Chicago, Ill. (Edwin L. Weisl, of New York City, and Brown, Fox and Blumberg, of Chicago, Ill., of counsel), for appellee Atlas Corporation.

Edwin C. Austin and James F. Oates, Jr., both of Chicago, Ill., and Wm. D. Gaillard, Jr., of New York City (Sidley, McPherson, Austin & Burgess, of Chicago, Ill., and Milbank, Tweed, Hope & Webb, of New York City, of counsel), for appellee, Chase Nat. Bank of City of New York, as trustee.

Before EVANS, MAJOR, and ALSCHULER, Circuit Judges.


EVANS, Circuit Judge.

The appellant, by its two appeals, one allowed by this court and one by the District Court, seeks to reverse an order of the District Court which denied an application to enjoin the trustee named in two trust indentures from accelerating the maturity date of the debentures issued thereunder, because of non-payment of interest.

The facts. The debtor is a holding company whose petition, filed under section 77B of the Bankruptcy Act, as...

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