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IN RE WILLIAM JAMESON & CO.

47 F.Supp. 450 (1942)

In re WILLIAM JAMESON & CO., Inc.

District Court, S. D. New York.

October 15, 1942.

Attorney(s) appearing for the Case

Krause, Hirsch & Levin, of New York City (Sydney Krause, of New York City, of counsel), for trustee.

Root, Clark, Buckner & Ballantine, of New York City (Cloyd Laporte, of New York City, of counsel), for Stockholders Committee of William Jameson & Co., Inc.

Arthur Garfield Hays, of New York City, for unsecured creditors of William Jameson & Co., Inc.

Sullivan & Cromwell, of New York City (James B. Hoffman, of New York City, of counsel), for Marine Midland Trust Co.

George Zolotar, of New York City (Jacob F. Raskin, of New York City, of counsel), for Securities & Exchange Commission.

HULBERT, District Judge.

On April 21, 1941, William Jameson & Company, Inc., a New York corporation, filed a petition for reorganization under Chapter X of the National Bankruptcy Act, 11 U.S.C.A. § 501 et seq.

The debtor was engaged in the wholesale liquor business. Louis Fischer was appointed trustee and continued the business by obtaining working capital upon the authorized issuance and disposal of Trustee...

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