IN RE PRESSED STEEL CAR CO. OF NEW JERSEY

No. 18779.

16 F.Supp. 325 (1936)

In re PRESSED STEEL CAR CO. OF NEW JERSEY.

District Court, W. D. Pennsylvania.

January 6, 1936.


Attorney(s) appearing for the Case

Reed, Smith, Shaw & McClay (by Robt. Dodds, of Pittsburgh, Pa.), and William G. Heiner, all of Pittsburgh, Pa., for debtor company.

Thorp, Bostwick, Reed & Armstrong, of Pittsburgh, Pa. (by Earl F. Reed and C. M. Thorp, Jr., both of Pittsburgh, Pa.), for trustees.

Cravath, de Gersdorff, Swaine & Wood, of New York City (by Leonard D. Adkins, of New York City), for reorganization managers.

White & Case, of New York City (by Albert W. Sloan, of Pittsburgh, Pa.), and Rose & Eichenauer, of Pittsburgh, Pa. (by Howard M. Swartz, of Pittsburgh, Pa.), for New York Trust Co.

Sachs & Caplan, of Pittsburgh, Pa. (by Chas. H. Sachs, of Pittsburgh, Pa.), and Hartman, Sheridan, Tekulsky & Pecora and Benjamin A. Hartstein, all of New York City, for committee for protection of preferred stockholders.

Chadbourne, Stanchfield & Levy, C. B. Hughes, Percival E. Jackson, and Tachna & Pinkussohn, all of New York City, for committee for protection of bondholders (Hayden committee).

David M. Palley, of New York City, for Martha Snyder and others.


GIBSON, District Judge.

A hearing was held on December 23, 1935, upon a petition of the trustees for instructions as to the sending out of various plans of reorganization that have been filed in this proceeding and several amendments to the various plans theretofore filed were presented and considered at the hearing. Two of the plans in their amended forms, which were urged upon the court at the hearing by committee of bondholders and preferred stockholders, respectively...

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