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IN RE NORTHEASTERN WATER COMPANIES

24 F.Supp. 653 (1938)

In re NORTHEASTERN WATER COMPANIES, Inc.

District Court, N. D. New York.

August 11, 1938.

Attorney(s) appearing for the Case

George M. LePine, of New York City, for debtor.

Sullivan & Cromwell, of New York City (De Lano Andrews, of New York City, of counsel), for International Holding & Investment Co., Limited.

Shearman & Sterling, of New York City (Garrard Winston and George W. Sheldon, both of New York City, of counsel), for intervening petitioners.

BRYANT, District Judge.

On July 19 the above debtor filed an exparte petition under section 77B of the Bankruptcy Act, 11 U.S.C.A. § 207. An order approving the petition was granted. Among other things, the order temporarily restrained the Schroder Trust Company and International Holding and Investment Company, Limited, from selling, reducing to possession or otherwise disposing of certain shares of common stock of Northeastern Water and Electric Corporation...

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