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MATTER OF FERKAUF, INC.

Bankruptcy No. 74-B-1200 (HCB).

42 B.R. 852 (1984)

In the Matter of FERKAUF, INCORPORATED, f/k/a Ferkauf, Roggen Inc. and Ferkauf, Roggen, Bressman & Clasen, Inc., Debtor.

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

As Corrected September 25, 1984.

DECISION & ORDER

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

Ferkauf, Inc. ("Ferkauf" or "Debtor"), a member firm of the New York Stock Exchange ("NYSE" or "Exchange"), was notified in March of 1974 that it was in violation of the Exchange's minimum capital requirements and would be obliged to terminate its membership as of the close of business March 29, 1974. As a result of this notice, Ferkauf immediately initiated...

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