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IN RE INDIANA CENTRAL TELEPHONE CO.

No. 1183.

24 F.Supp. 342 (1938)

In re INDIANA CENTRAL TELEPHONE CO.

District Court, D. Delaware.

July 20, 1938.

Attorney(s) appearing for the Case

Caleb S. Layton (of Richards, Layton & Finger) of Wilmington, Del., for debtor.

Hugh M. Morris and Edwin D. Steel, Jr., both of Wilmington, Del., and Edward J. Farrell (of Brewer & Farrell) of Chicago, Ill., for Bondholders' Protective Committee.

Caleb R. Layton, 3d (of Hastings, Stockly & Duffy), of Wilmington, Del., and A. J. Schanfarber, of Chicago, Ill., for Harry L. Drake.

Clarence A. Southerland (of Ward & Gray), of Wilmington, Del. and G. Herbert Semler and Eduardo Andrade (of Winthrop, Stimson, Putnam & Roberts), of New York City, for General Telephone Corporation.

NIELDS, District Judge.

Hearing on amended plan of reorganization of Indiana Central Telephone Company dated November 27, 1936.

By the terms of the amended plan the assets of the debtor consisting of the common stocks of three operating companies and $7,553.06 in cash are to be turned over to a new company. The three operating companies are Southwestern Associated Telephone Company, Interstate Telephone Company and Michigan Associated Telephone Company, hereinafter...

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