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PRUDENCE REALIZATION CORP. v. PRUDENCE-BONDS CORP.

No. 198, Docket 21929.

189 F.2d 931 (1951)

PRUDENCE REALIZATION CORP. v. PRUDENCE-BONDS CORP. et al.

United States Court of Appeals Second Circuit.

Decided April 23, 1951.

Additional Opinion May 28, 1951.

Attorney(s) appearing for the Case

Irving L. Schanzer, New York City, for appellant.

Charles M. McCarty, New York City, for Prudence-Bonds Corp. (New Corporation) et al.

Samuel Silbiger, Brooklyn, N. Y., for George E. Eddy, appellee.

Geo. C. Wildermuth, Brooklyn, N. Y., for trustee of debtor.

Before L. HAND, Chief Judge, and AUGUSTUS N. HAND and CLARK, Circuit Judges.

L. HAND, Chief Judge.

Prudence Realization Corporation, the successor of Prudence Company, appeals from two orders made in the reorganization under § 77B, 11 U.S.C.A. § 207, of Prudence-Bonds Corporation, which denied two petitions praying a modification of two earlier orders in the same proceeding. The purpose of the petitions is to recover payments, made by the petitioner or its predecessor, Prudence Company, as guarantor of two out of the eighteen series...

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