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WOLF v. NAZARETH FAIR GROUNDS & FARMERS' MARKET, INC.

No. 372, Docket 26231.

280 F.2d 891 (1960)

Irving J. WOLF, Robert H. Davidson, Richard S. Hull and Frederick Katzenhell, Appellants, v. NAZARETH FAIR GROUNDS & FARMERS' MARKET, INC., and Melville A. Carty, Appellees. In the Matter of NAZARETH FAIR GROUNDS & FARMERS' MARKET, INC., Debtor.

United States Court of Appeals Second Circuit.

Decided July 18, 1960.

Attorney(s) appearing for the Case

Melvin Lloyd Robbins, New York City, for appellants.

Alex L. Rosen, New York City, for appellees.

Before WATERMAN, MOORE and HAMLIN, Circuit Judges.

PER CURIAM.

On September 28, 1953 a proceeding was commenced under Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., for the reorganization of appellee-debtor, Nazareth Fair Grounds and Farmers' Market, Inc. In 1956 Nazareth obtained court authorization to construct buildings to replace those destroyed by fire. The construction costs turned out to be higher than estimated in the financing proposal approved by the court, and, in order to prevent the...

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