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STRATFORD FINANCIAL CORPORATION v. FINEX CORP.

No. 43, Docket 30485.

367 F.2d 569 (1966)

In the Matter of Stratford Financial Corporation, Debtor. STRATFORD FINANCIAL CORPORATION and the Official Creditors' Committee, Appellants, v. FINEX CORPORATION, Appellee.

United States Court of Appeals Second Circuit.

Decided October 27, 1966.

Attorney(s) appearing for the Case

Julius J. Abeson, New York City (Hahn, Hessen, Margolis & Ryan, Harry A. Margolis, New York City, on the brief), for appellants.

Max Block, Jr., New York City (Stanley B. Hendler, New York City, on the brief) for appellee.

Before SMITH, HAYS and FEINBERG, Circuit Judges.

FEINBERG, Circuit Judge:

The question on this appeal is whether we should overturn an order of Referee Edward J. Ryan, affirmed by the United States District Court for the Southern District of New York, Irving Ben Cooper, J.; the order dismissed the petition of Stratford Financial Corporation ("Stratford"), a Chapter XI debtor-in-possession, to compel Finex Corporation ("Finex") to turn over $25,000. For the reasons set forth below, we affirm.

The $25,000...

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