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IN RE PRUDENCE CO.

No. 247.

96 F.2d 157 (1938)

In re PRUDENCE CO., Inc.

Circuit Court of Appeals, Second Circuit.

April 11, 1938.

Attorney(s) appearing for the Case

Alfred T. Davison, of New York City (Martin A. Schenck, Orrin G. Judd, and Alfred T. Davison, all of New York City, of counsel), for appellant.

Thomas Cradock Hughes and Emanuel Celler, both of New York City (Milton C. Weisman, Irving Rozen, and Hubert Margolies, all of New York City, of counsel), for trustees.

Before MANTON, SWAN, and CHASE, Circuit Judges.

SWAN, Circuit Judge.

In 1931, the Prudence Company retained Alfred T. Davison as its attorney to enforce its rights under a surety bond guaranteeing completion of an apartment hotel, for the construction of which the Prudence Company had made large advances. Litigation conducted by Mr. Davison resulted in a judgment for some $780,000, from which the defendants appealed. While the appeal was pending, the Prudence Company filed its petition for reorganization under...

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