AMERICAN BRAKE S. & F. CO. v. INTERBOROUGH RAPID TR. CO.


181 F.Supp. 731 (1958)

AMERICAN BRAKE SHOE & FOUNDRY COMPANY, Plaintiff, v. INTERBOROUGH RAPID TRANSIT COMPANY and Manhattan Railway Company, Bankers Trust Company as Trustee Under The Collateral Indenture Dated September 1, 1922, Defendants. APPLICATION OF UNITED STATES of America FOR the PAYMENT of Moneys BY The GUARANTY TRUST COMPANY OF NEW YORK as Agent FOR Addison S. PRATT, Special Master.

United States District Court S. D. New York.

July 31, 1958.


Attorney(s) appearing for the Case

Arthur H. Christy, U. S. Atty., New York City, S. D., New York, William Stackpole, Asst. U. S. Atty., New York City, of counsel.

Louis J. Lefkowitz, Atty. Gen. of the State of New York for intervenor, Angelo J. Arculeo, Asst. Atty. Gen., of counsel.

Davis, Polk, Wardwell, Sunderland & Kiendl, New York City, for Guaranty Trust Co. L. L. Stanton, Jr., New York City, of counsel.


LEVET, District Judge.

This is an application made by the United States of America to direct The Guaranty Trust Company of New York (hereinafter called "Guaranty") to pay certain funds now held by it as agent for Addison S. Pratt, Special Master, in the above-entitled proceeding (originally brought by The American Brake Shoe & Foundry Company) to the United States Treasury in the name and to the credit of the United States pursuant to Sections 2041 and 2042 of...

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