In the Matter of HUDSON & MANHATTAN RAILROAD COMPANY, Debtor.
United States District Court S. D. New York.https://leagle.com/images/logo.png
December 21, 1955.
December 21, 1955.
Attorney(s) appearing for the Case
House, Grossman, Vorhaus & Hemley and Edward M. Garlock, New York City, for the Petitioning Creditors. Leonard Hemley, Edward M. Garlock, New York City, of counsel.
McGoldrick, Dannett, Horowitz & Golub, New York City, for Herman T. Stichman, Trustee. William W. Golub, Myron S. Isaacs, Jerome Talbert, New York City, of counsel.
Harry T. Zucker, New York City, for the Stockholders.
Valente & Hallheimer, New York City, for the debtor. Otis M. Waters, Lawrence S. Timen, New York City, of counsel.
Louis Kipnis, New York City, for Jones Committee for Adjustment Income Bondholders.
Edward Endelman, New York City, for Kohn Committee for the Adjustment Income 5 per cent Bonds. Milton M. Unger, Newark, N. J., Daniel W. Blumenthal, New York City, of counsel.
Cravath, Swaine & Moore, New York City, for Chemical Corn Exchange Bank. Frederick S. Beebe, Henry P. Riordan, New York City, of counsel.
Kelley, Drye, Newhall & Maginnes, New York City, for The Hanover Bank. Frank H. Heiss, Albert A. Eustis, New York City, of counsel. Frederick T. Finnigan, New York City, Solomon Freedman, Washington, D. C., for Securities and Exchange Commission.
United States District Court S. D. New York.
WALSH, District Judge.
After a hearing on the issues raised by the answer of a stockholder, the approval of the creditors' petition for reorganization of the debtor is reaffirmed.
The debtor is an interurban electric railway running between New York, Jersey City, Hoboken and Newark. The petition for its reorganization under Chapter X of the Bankruptcy Act, 11 U. S.C.A. § 501 et seq. was filed on August 11, 1954 by three of its bondholders. On December...
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