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OLER v. LESTER HARDING

Civil No. 779.

36 F.Supp. 894 (1941)

OLER v. LESTER HARDING, Inc.

District Court, E. D. Pennsylvania.

February 3, 1941.

Attorney(s) appearing for the Case

H. E. Potter and Herman H. Krekstein, both of Philadelphia, Pa., for receivers.

Julian W. Barnard and Charles H. Brunner, Jr., both of Norristown, Pa., for exceptant.

BARD, District Judge.

This concerns an objection by a reclamation petitioner to the imposition of a three per cent charge upon reclaimed securities for the administration expenses of the receivers in distributing the property in the defendant's possession. The receivers were appointed to liquidate the defendant, a corporation engaged in the investment brokerage business.

The three per cent charge imposed by the...

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