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REALTY CORP. v. O'CONNOR

No. 625.

295 U.S. 295 (1935)

55 S.Ct. 663

79 L.Ed. 1446

REALTY ASSOCIATES SECURITIES CORP. ET AL. v. O'CONNOR ET AL.

Supreme Court of United States.

Decided April 29, 1935.

Attorney(s) appearing for the Case

Mr. Alfred T. Davison for Realty Associates Securities Corp., petitioner.

Mr. James N. Rosenberg for Realty Associates, Inc., petitioner.

Mr. George C. Levin, with whom Messrs. Sydney Krause and George J. Hirsch were on the brief, for O'Connor, respondent.

Mr. Archibald Palmer for Eliza B. Carmen et al., respondents.

MR. JUSTICE CARDOZO delivered the opinion of the Court.

The controversy is one as to the compensation of a referee in bankruptcy upon a composition with the creditors.

Realty Associates Securities Corporation was adjudged a bankrupt, July 10, 1933, upon the filing of a voluntary petition. At the same time the proceeding was sent to a referee in bankruptcy. The chief claims ($12,631,949.67) were on bonds issued under indentures between the bankrupt and a trust...

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