United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued January 6, 1954.
Decided April 26, 1954.
Attorney(s) appearing for the Case
Percival E. Jackson, New York City, for appellants executors of the last will and testament of Philip Segall, deceased.
Delafield, Marsh & Hope, New York City, for appellant The Hurd Committee.
Hoffman, Bondi, Buchwald & Hoffman, New York City, for appellant Ernest G. Laubenheimer and others.
Edward Endelman, New York City, for appellant and appellee Ada L. Druskin.
Samuel Silbiger, Brooklyn, N. Y. (Koenig & Bachner, New York City, on the brief), for appellants and appellees George E. Eddy and Gottlieb Trading Co. and others.
Robert Satter, New York City (Benjamin, Galton & Robbins and Harold M. Foster, New York City, on the brief), for appellants Kimmelman Group.
William P. Palmer, New York City (Root, Ballantine, Harlan, Bushby & Palmer, Everett I. Willis, and Kent V. Lukingbeal, New York City, on the brief), for appellees Reconstruction Finance Corp. and Consolidated Realty Corp.
Charles M. McCarty, New York City (Delafield, Marsh & Hope, New York City, on the brief), for appellees Prudence-Bonds Corp. (New Corporation) and City Bank Farmers Trust Co., as trustee.
James F. Dealy, New York City (Irving L. Schanzer and Ralph E. Stone, New York City, on the brief), for appellee Prudence Realization Corp.
Before CHASE, Chief Judge, CLARK, Circuit Judge, and GIBSON, District Judge.
United States Court of Appeals, Second Circuit.
CLARK, Circuit Judge.
This appeal, the latest in long protracted reorganization proceedings, under former § 77B of the Bankruptcy Act, 11 U.S.C. § 207, of Debtor, The Prudence Company, Inc., presents for interpretation the provisions of the Plan of the Reorganization of the Debtor confirmed on May 26, 1939, which defined the conditions under which creditors became "Paid-Up Participants" under the Plan. We shall not rehearse here many of the details of this...
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