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IN RE DALE TRANSP. LINES

No. 20385.

50 F.Supp. 91 (1943)

In re DALE TRANSP. LINES, Inc.

District Court, W. D. Pennsylvania.

May 17, 1943.

Attorney(s) appearing for the Case

Watson B. Adair, of Pittsburgh, Pa., special master.

Robert W. Pratt, Saul Chersky, and Frank Reich, all of Pittsburgh, Pa., for trustee John D. Ragan.

Arnold M. Replogle, of Pittsburgh, Pa., for Creditors Committee.

Harold L. Rothman, of Pittsburgh, Pa., for debtor.

GIBSON, District Judge.

A plan of reorganization of the Dale Transportation Lines, Inc., having been approved by a majority of all parties interested, was in turn approved by the court. The plan consisted substantially in turning over the control of the debtor to its creditors. A voting trust was created, of which two members represented creditors and one the stockholders. These voting trustees were to supervise and control...

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