BAILEY v. McLELLAN

No. 4197.

159 F.2d 1014 (1947)

BAILEY et al. v. McLELLAN et al.

Circuit Court of Appeals, First Circuit.

February 24, 1947.


Attorney(s) appearing for the Case

Milton S. Gould, of New York City (Henry M. Leen, of Boston, Mass., and Samuel H. Kaufman, of New York City, on the brief), for appellants.

Sidney H. Willner, of Philadelphia, Pa. (Roger S. Foster, and Alfred Hill, both of Philadelphia, Pa., on the brief), for S. E. C.

Robert A. B. Cook, of Boston, Mass. (J. N. Welch, of Boston, Mass., and Louis G. Bernstein, of New York City, on the brief), for appellees J. N. Welch, R. A. B. Cook and Louis Bernstein.

George B. Rowlings, of Boston, Mass. (Tyler & Reynolds, of Boston, Mass., on the brief), for George B. Rowlings, appellee.

William J. Hession, of Boston, Mass. (Hugh D. McLellan, of Boston, Mass., on the brief), for McLellan et al., appellees.

Before MAGRUDER, MAHONEY and WOODBURY, Circuit Judges.


MAHONEY, Circuit Judge.

These are consolidated appeals from orders of the district court allowing compensation to attorneys for services rendered in litigation involving the Aldred Investment Trust.

On October 1, 1941, Gordon B. Hanlon bought at public auction 110,000 common shares of the Aldred Investment Trust, which had been pledged to the Chase National Bank. That purchase gave him voting control of the Trust with power to elect and remove trustees and...

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