IN RE FOLLANSBEE BROS. CO.

No. 18787.

42 F.Supp. 448 (1940)

In re FOLLANSBEE BROS. CO.

District Court, W. D. Pennsylvania.

August 24, 1940.


Attorney(s) appearing for the Case

Dalzell, McFall & Pringle, of Pittsburgh, Pa., for Common Stockholders' Committee (Pittsburgh), Common Stockholders' Committee (New York City), and Preferred Stockholders' Committee (Pittsburgh).

William B. Paul, Gen. Counsel, of Pittsburgh, Pa., and Mitchell, Taylor, Capron & Marsh, Special Counsel, of New York City, for debtor.

C. Lester Horn, reorganization manager of debtor.

John B. Marsh and B. A. Brand, both of New York City, for Donoho & Co., underwriters of plan of reorganization submitted by debtor.

E. B. Strassburger, of Pittsburgh, Pa., and Jack N. Berkman, of Steubenville, Ohio, for Unsecured Creditors' Protective Committee and others.

James Milholland and Alter, Wright & Barron, all of Pittsburgh, Pa., for First Nat. Bank at Pittsburgh.

J. Henry O'Neill and Blaxter, O'Neill & Houston, all of Pittsburgh, Pa., for Unsecured Creditors' Committee (Murray S. Wilson, Chairman).

Sterrett Acheson & Jones, of Pittsburgh, Pa., for Common Stockholders' Protective Committee.

Bialas & Ryan, T. F. Ryan, and Maurice J. Dix, all of Pittsburgh, Pa., for Common Stockholders' Protective Committee.

W. Denning Stewart, of Pittsburgh, Pa., and Lewis A. Pinkussohn, of New York City, for Independent Bondholders' Committee.

Patterson, Crawford, Arensberg & Dunn, of Pittsburgh, Pa., for Bondholders' Protective Committee.

Pollock & Nemerov, of New York City, and T. F. Ryan and Maurice J. Dix, both of Pittsburgh, Pa., for Grady Stockholders' Committee.

J. E. MacCloskey, Jr., and Charles A. Jones, both of Pittsburgh, Pa., for Wm. W. Stewart, a common stockholder of Follansbee Bros. Co.


GIBSON, District Judge.

This case is before this court on two petitions of the Trustees of Follansbee Brothers Company for instructions and direction as to the payment by them of certain documentary stamp taxes assessed by the Collector of Internal Revenue at Pittsburgh, Pennsylvania. The first petition for instructions was filed after the Bureau of Internal Revenue through its agent, the Collector at Pittsburgh on January...

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