District Court, D. Maryland.https://leagle.com/images/logo.png
July 10, 1935.
July 10, 1935.
Attorney(s) appearing for the Case
Venable, Baetjer & Howard and Harry N. Baetjer, all of Baltimore, Md., for Bondholders' Protective Committee.
Clarence K. Bowie & Daniel B. Leonard, of Baltimore, Md., for Elkhorn Coal Corporation and Mercantile Trust Co., Baltimore, Md., trustee.
Kenneth B. Johnston, of Columbus, Ohio, and Emory H. Niles, of Baltimore, Md., for Committee of George A. Davisam, Glenn S. Pierce, Lucille Graner, and A. H. Thomas.
George Washington Williams and Isaac T. Parks, both of Baltimore, Md., for Harry R. Ruse & Co.
George M. Alexander, of Fairmount, W. Va., for West Virginia stockholders.
Semmes, Bowen & Semmes, Frederick W. Brune, and W. Randall Compton, all of Baltimore, Md., for the trustees.
Alfred N. Heuston (of White & Case), of New York City, and Charles Markell, of Baltimore, Md., for Bankers Trust Co. of New York.
Marbury, Gosnell & Williams and L. Vernon Miller, all of Baltimore, Md., for 4½ per cent. Refunding Bondholders Committee.
G. Campbell Becket (of Davis, Polk, Wardwell, Gardiner & Reed), of New York City, and Robert Stinson, of Baltimore, Md., for Guaranty Trust Co. of New York, trustee for 5 per cent. Bondholders.
District Court, D. Maryland.
WILLIAM C. COLEMAN, District Judge.
The question before the court is whether the plan of reorganization, proposed by creditors of the Consolidation Coal Company, should be approved.
The obligation imposed upon federal courts under section 77B of the Bankruptcy Act, as amended in 1934 (11 USCA § 207), relating to the reorganization of corporations, is a very heavy one; and this court approaches the problem presented in the present case with a full realization...
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