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IN RE STANLEY DRUG CO.

No. 19971-77b.

22 F.Supp. 664 (1938)

In re STANLEY DRUG CO.

District Court, E. D. Pennsylvania.

January 31, 1938.

Attorney(s) appearing for the Case

Evans & Wernick and Abraham Wernick, all of Philadelphia, Pa., for debtor.

Wexler & Weisman and Morris Weisman, all of Philadelphia, Pa., for exceptants.

KIRKPATRICK, District Judge.

The special master has filed a report recommending that the plan of reorganization be confirmed by the court. The debtor owns no real estate, and the only interests involved are those of common stockholders and general creditors. The plan of reorganization is simply a composition with the creditors by which they will receive 20 per cent. of their claims in cash. Certain creditors who are also...

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