FORD, District Judge.
In this proceeding for rearrangement under the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79 et seq., of International Hydro-Electric System (hereinafter called IHES) Chemical Bank and Trust Company, as successor indenture trustee under a trust indenture dated April 1, 1929, brings this petition for authority to distribute $85,017.60, representing interest on certain deferred interest instalments.
At the time this...
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