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IN RE DALTON SCHOOLS

49 F.Supp. 905 (1943)

In re DALTON SCHOOLS, Inc.

District Court, S. D. New York.

January 8, 1943.

Attorney(s) appearing for the Case

Stanley M. Isaacs, of New York City, for debtor.

Matthew Greene, of New York City, for petitioner.

BONDY, District Judge.

The Bankruptcy Act, Section 198, 11 U.S.C.A. § 598, provides that an indenture trustee may file claims for all holders of securities issued pursuant to the instrument under which he is trustee, who have not filed claims. Bankruptcy Rule X-17(c) of this Court provides that the amount of the claim filed by the indenture trustee shall be deemed to be reduced by such part of the claim as is represented by securities on which proofs of claim...

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