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IN RE PHILADELPHIA & READING COAL & IRON CO.

No. 7072.

103 F.2d 901 (1939)

In re PHILADELPHIA & READING COAL & IRON CO. SCHRAGER et al. v. PHILADELPHIA & READING COAL & IRON CO.

Circuit Court of Appeals, Third Circuit.

April 17, 1939.

Attorney(s) appearing for the Case

Archibald Palmer, of New York City, for appellants.

Carl W. Funk and Henry S. Drinker, Jr., both of Philadelphia, Pa., for Philadelphia bondholders' committee.

David Bortin, of Philadelphia, Pa., for New York debenture holders' committee.

Morton E. Yohalem, of New York City, for Securities & Exchange Commission.

Allen Hunter White and Frederic L. Ballard, both of Philadelphia, Pa. (Ballard, Spahr, Andrews & Ingersoll, of Philadelphia, Pa., of counsel), for Schofield Andrews, Reid Kennedy, George A. Barnewall, William F. Walsh and Cornelius A. Sullivan, as and Constituting the Protective Committee for the Holders of the Philadelphia & Reading Coal & Iron Company Twenty-Year Convertible 6% Debenture Bonds.

W. James MacIntosh and Arthur Littleton, both of Philadelphia, Pa. (Morgan, Lewis & Bockius, of Philadelphia, Pa., of counsel), for appellee the Philadelphia & Reading Coal & Iron Co.

Before BIGGS and CLARK, Circuit Judges.

PER CURIAM.

A voluntary petition for reorganization pursuant to the provisions of Section 77B of the Bankruptcy Act, as amended, 11 U. S.C.A. § 207, was filed by the debtor in the District Court of the United States for the Eastern District of Pennsylvania upon January 26, 1937. The petition referred to was approved and the debtor was continued in possession by order of the District Court. A number of plans for the reorganization of the debtor were filed but...

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