IN RE GENERAL STORES CORPORATION


129 F.Supp. 801 (1955)

In the Matter of Proceedings for an Arrangement under Chapter XI of the Bankruptcy Act of GENERAL STORES CORPORATION, Debtor.

United States District Court, S. D. New York.

January 24, 1955.


Attorney(s) appearing for the Case

Otterbourg, Steindler, Houston & Rosen, New York City, for debtor, Aaron Rosen, Frederic P. Houston, Marks F. Paskes, New York City, of counsel.

Reich, Peller, Guadagno & Caine, New York City, for Max Shlensky, petitioner, A. Alan Reich, New York City, of counsel.

Blumberg, Singer, Heppen & Blumenthal, New York City, for Creditors' Committee.

George Zolotar, New York City, for Securities and Exchange Commission.


DIMOCK, District Judge.

On October 18, 1954, General Stores Corporation, the Debtor, filed a petition in this court under section 322 of the Bankruptcy Act, 11 U.S.C. § 722, proposing an arrangement under Chapter XI of the Act. A stockholder, Max Shlensky, has moved by order to show cause under section 328 of the Act, 11 U.S.C. § 728, for a dismissal of the proceedings unless the petition be amended so as to comply with Chapter X. The Securities and Exchange...

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