IN RE KATZ & WILLIAMS

No. 79366.

48 F.Supp. 683 (1941)

In re KATZ & WILLIAMS, Inc.

District Court, S. D. New York.

December 1, 1941.


Attorney(s) appearing for the Case

Jacob Meadow, of New York City, for trustee.

Levy, Finke & Jacobs, of New York City (Marcy Finke, of New York City, of counsel), for reviewing creditors.


LEIBELL, District Judge.

At the election of the trustee in bankruptcy there was a deadlock. Neither side had a majority of creditors in number and amount. Four creditors with claims totalling $8,000 voted for one candidate and eight creditors with claims totalling $2,000 voted for the general assignee. The Referee properly appointed a trustee. He named as trustee the assignee under a general assignment for the benefit of creditors.

The attorney for the unsuccessful...

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