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AMERICAN BRAKE SHOE & F. CO. v. INTERBOROUGH RAPID T. CO.

No. ____.

98 F.2d 72 (1938)

AMERICAN BRAKE SHOE & FOUNDRY CO. v. INTERBOROUGH RAPID TRANSIT CO. ROBERTS et al. v. CITY OF NEW YORK.

Circuit Court of Appeals, Second Circuit.

June 20, 1938.

Attorney(s) appearing for the Case

Hughes, Richards, Hubbard & Ewing, of New York City (Allen S. Hubbard, of New York City, of counsel), for William Roberts, as receiver of Manhattan Ry. Co.

Davies, Auerbach & Cornell, of New York City (H. C. McCollom and Orrin G. Judd, both of New York City, of counsel), for Central Hanover Bank & Trust Co., as trustee.

William C. Chanler, Corp. Counsel, of New York City (William G. Mulligan, Jr., and Leo Brown, both of New York City, of counsel), for City of New York.

Before MANTON, SWAN, and AUGUSTUS N. HAND, Circuit Judges.

PER CURIAM.

A receiver in equity has been appointed and is now administering the property of the Manhattan Railway Company. The receiver, the trustees under its first and second mortgages and a committee of unmodified stockholders appeal from an order which denied a stay of the proposed sale of tax liens on the receivership property. The City of New York, where the property is located, has advertised the tax liens for sale on June 30th next. The railway lines have...

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