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IN RE PRUDENCE CO.

Nos. 27496, 27028.

16 F.Supp. 282 (1936)

In re PRUDENCE CO., Inc. In re REALTY ASSOCIATES SECURITIES CORPORATION.

District Court, E. D. New York.

June 16, 1936.

Attorney(s) appearing for the Case

Lynn G. Goodnough, of Brooklyn, N. Y., for petitioner.

Kaufman, Weitzner & Celler and Thomas Cradock Hughes, all of New York City (Emil Weitzner, Thomas Cradock Hughes, Isadore Polier and Hubert Margolies, all of New York City, of counsel), for trustees of Prudence Co., Inc., Debtor.

Newman & Bisco, of New York City (David Barnett and Frank J. Gillis, both of New York City, of counsel), for Manufacturers Trust Co., as trustee.

A. Edward Moskowitz, of New York City, for Ruthsonia Corporation and others.

MOSCOWITZ, District Judge.

Realty Associates Securities Corporation, as the owner of a junior interest in the consolidated bond and first mortgage on the Chesterfield Hotel, prays for an order directing the trustees of the Prudence Co., Inc., debtor, to turn over the sum of $43,942.50 collected by the said trustees under an assignment of rents, to be applied by the petitioner to pay the past due and unpaid interest on petitioner's share of the mortgage. The trustees...

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