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IN RE 263 WEST 38TH STREET CORPORATION

37 F.Supp. 667 (1941)

In re 263 WEST 38TH STREET CORPORATION.

District Court, S. D. New York.

February 11, 1941.

Attorney(s) appearing for the Case

T. C. P. Martin, of New York City, for debtor.

Low & Sokolski, of New York City, for petitioners.

Maass & Davidson, of New York City (Wilbur C. Davidson, of New York City, of counsel), for Baker, Evans & Co., Inc.

Herman N. Finkelstein, of New York City, for Milton M. Blumenthal and Rambee Corporation.

Edmund Burke, Jr., of Washington, D. C., and J. Anthony Panuch, of New York City (John F. Davidson, of New York City, of counsel), for Securities and Exchange Commission.

HULBERT, District Judge.

This is a proceeding for reorganization of the debtor under Chapter X of the National Bankruptcy Act, Title 11 U.S.C.A. § 501, et seq.

The petitioning creditors are owners and holders in the aggregate amount of $9,000 of first mortgage income bonds of the debtor and have interposed an answer praying that the court take jurisdiction and protect the rights of its stockholders.

The debtor is a corporation organized under...

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