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RECONSTRUCTION FINANCE CORP. v. KAPLAN

No. 4523.

185 F.2d 791 (1950)

RECONSTRUCTION FINANCE CORP. v. KAPLAN et al. In re WALTHAM WATCH CO.

United States Court of Appeals First Circuit.

Rehearing Denied January 8, 1951.

Attorney(s) appearing for the Case

Charles C. Cabot and Harry Bergson, Boston, Mass. (Herrick, Smith, Donald, Farley & Ketchum, Boston, Mass., on brief), for appellant.

Jacob J. Kaplan, Boston, Mass. (Daniel J. Lyne and C. Keefe Hurley, Boston, Mass., on brief), for trustees, appearing pro se, appellees.

Before MAGRUDER, Chief Judge, and WOODBURY and FAHY, Circuit Judges.

MAGRUDER, Chief Judge.

There is pending in the court below a debtor's petition for reorganization under Chapter X of the Bankruptcy Act, as amended, 52 Stat. 883, 11 U.S.C.A. § 501 et seq. The present appeal is by Reconstruction Finance Corporation, a secured creditor, from an order of the district court on a petition for authorization to the reorganization trustees to conduct the business of the debtor.

Waltham Watch Company, the debtor, is a Massachusetts...

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