IN RE PHILADELPHIA & READING COAL & IRON CO.

No. 19711.

27 F.Supp. 256 (1939)

In re PHILADELPHIA & READING COAL & IRON CO.

District Court, E. D. Pennsylvania.

March 7, 1939.


Attorney(s) appearing for the Case

Archibald Palmer, of New York City, for petitioner.

Arthur Littleton, of Morgan, Lewis & Bockius, of Philadelphia, Pa., for Philadelphia & Reading Coal & Iron Co.


KALODNER, District Judge.

The Philadelphia and Reading Coal and Iron Company, a Pennsylvania Corporation, filed a debtor's petition for reorganization under Section 77B, Bankr.Act, 11 U.S.C.A. § 207, on February 26, 1937. Appended to the petition was a balance sheet disclosing assets of a book value of $94,219,000.

On the same date, order approving petition and continuing debtor in possession was filed, and a general order of reference made to Howard...

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