GRONER, C. J.
The suit below was brought by Chapin B. Bauman (appellee) as the surviving member of a bondholders committee appointed under a written agreement of June 12, 1931.
Stated as briefly as possible, the facts are these. In the latter part of 1928, Properties Investment Corporation, of Delaware, made and issued collateral trust bonds in excess of a million dollars. In the early part of 1929, Washington-Pittsburgh Holding Corporation, also of Delaware...
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