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IN RE ORPHEUM CIRCUIT

No. 56381.

20 F.Supp. 101 (1937)

In re ORPHEUM CIRCUIT, Inc.

District Court, S. D. New York.

June 11, 1937.

Attorney(s) appearing for the Case

Isador J. Kresel and Riegelman, Hess & Hirsch, all of New York City, for petitioners.

Jules C. Randal, of Buffalo, N. Y., for Philip J. Snyder as trustee for Omaha-Orpheum bondholders.

O. C. Doering, Jr., of New York City, for Stadium Theatres Corp.

Beekman, Bogue, Leake, Stephens & Black, of New York City (Edward K. Hanlon and Douglas M. Black, both of New York City, of counsel), for trustee, in bankruptcy.

PATTERSON, District Judge.

The petitioners, holders of shares of preferred stock of the bankrupt corporation, bring up for review two orders by the referee in charge of the case. By one order the referee directed the trustee in bankruptcy to accept an offer made by Stadium Theatres Corporation to purchase substantially all the bankrupt's assets, and to reject a counter-offer sponsored by the preferred stockholders. By the other order the referee dismissed an application...

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