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MATTER OF PETROLEUM RESEARCH FUND

16 Misc.2d 282 (1958)

In the Matter of Guaranty Trust Company of New York, as Trustee of Petroleum Research Fund Created by Shell Oil Company Incorporated and Others.

Supreme Court, Special Term, New York County.

June 13, 1958.

Attorney(s) appearing for the Case

Davis, Polk, Wardwell, Sunderland & Kiendl for petitioner.

Louis J. Lefkowitz, Attorney-General, for State of New York, respondent.

Elisha Hanson, Arthur B. Hanson, and Brown, Cross & Hamilton for American Chemical Society, respondent.

Lowenstein, Pitcher, Spence, Hotchkiss, Amann & Parr for Quaker State Oil Refining Corp. and others, intervenors.

Simpson, Thacher & Bartlett for proposed underwriting managers.

Edwin Jason Dryer for Frontier Refining Co. and others.

Winthrop, Stimson, Putnam & Roberts for South Penn Oil Co.

JACOB MARKOWITZ, J.

The court heretofore conditionally authorized the sale of Universal Oil Products securities and re-referred the proceedings to the Referee, Louis M. Loeb, Esq., to hear and report on the methods, procedures, etc. as to such sale.

On June 2, 1958, the Referee filed his first supplemental report recommending the designation by this court of advisory experts at this time. Theodore Kiendl...

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