IN RE ASSOCIATED GAS & ELECTRIC CO.


61 F.Supp. 11 (1944)

In re ASSOCIATED GAS & ELECTRIC CO. In re ASSOCIATED GAS & ELECTRIC CORPORATION.

District Court S.D. New York.

August 25, 1944.


Attorney(s) appearing for the Case

Lewis M. Dabney, Jr., of New York City, special counsel for Trustee of Associated Gas & Electric Co.

Allen E. Throop, of New York City (O. John Rogge, William W. Golub, and Carlos L. Israels, all of New York City, of counsel), for Trustees of Associated Gas & Electric Corporation.

Morton E. Yohalem, of Philadelphia, Pa., for Securities and Exchange Commission.

Jack Lewis Kraus, II, of New York City (Harry B. Kurzrok, of New York City, of counsel), for General Protective Committee.

Scribner & Miller, of New York City (Roscoe Pound, of Cambridge, Mass., and Charles E. Scribner and Frank R. Bruce, both of New York City, of counsel), for Committee of Agecorp 73s.

Ralph Montgomery Arkush, of New York City, for Agecorp 1978 Debentureholders Committee.

Hays, Wolf Schwabacher, Sklar & Epstein, of New York City (Ralph Wolf and Nathaniel Whitehorn, both of New York City, of counsel), for Protective Committee for Holders of Agecorp 8% Eight Year Gold Bonds due March 15, 1940.

Davies, Auerbach, Cornell & Hardy, of New York City (H. C. McCollom, of New York City, of counsel), for Jacobs Committee for CDCs.

Boehm & Fischman, of New York City (Louis Boehm and Bernard D. Fischman, both of New York City, of counsel), for Scrip Holders Protective Committee of Ageco.

Abraham Mitnovetz, of New York City, for Elias Protective Committee for Holders of Associated Gas & Electric Company Convertible Obligations Due 2002.

Nathan D. Shapiro, of Brooklyn, N. Y., for Kelby Protective Committee.

Joseph Nemerov and Leo B. Mittelman, both of New York City, for Baker Committee.

Frederick L. Kane, of New York City, for Pension Trustees.

William Roberts, of New York City for Equitable Life Assurance Society of the United States.

Glass & Lynch, of New York City (Joseph Glass, Leslie Kirsch, and Samuel Bader, all of New York City, of Counsel), for Empire Trust Co., as Indenture Trustee for Agecorp 73s.

Cullen & Dykman, of Brooklyn, N. Y. (Ralph W. Crolly, of Brooklyn, N. Y., of counsel), for Brooklyn Trust Co., successor Trustee for Agecorp 1978 Debentures.

Kelsey, Waldrop & Spalding, of New York City (H. Boardman Spalding, of New York City, of counsel), for Colonial Trust Co., Successor Indenture Trustee of the SFIDs of 1983 and 1986.

Breed, Abbott & Morgan, of New York City, (Lloyd V. Almirall, of New York City, of counsel), for Underwriters Trust Co., Successor Indenture Trustee.

Rathbone, Perry, Kelley & Drye, of New York City (Hersey Egginton, Frank H. Heiss, and Frederick W. Doolittle, all of New York City, of counsel), for Central Hanover Bank & Trust Co., Indenture Trustee.

Humes, Buck, Smith & Stowell, of New York City (Irwin L. Tappen, of New York City, of counsel), for New York Trust Co., Trustee.

Egginton, Groehl & Denner, of New York City (Hersey B. Egginton and Lorimer Denner, both of New York City, of counsel), for Henry A. Stix.

Sparta Fritz, Jr., pro se.


LEIBELL, District Judge.

There are two matters before me for decision, both of which represent long strides towards the goal of these proceedings, the reorganization of Associated Gas and Electric Company (Ageco) and Associated Gas and Electric Corporation (Agecorp). One matter brings up for review the Special Master's report on a proposed compromise of what has become known as the Recap Litigation and of certain claims in the CDC (Convertible Debenture Certificates...

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