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IN RE PRESIDENT REALTY CO

No. 25854.

67 F.Supp. 390 (1946)

In re PRESIDENT REALTY CO., Inc.

District Court, D. New Jersey.

September 11, 1946.

Attorney(s) appearing for the Case

Norcross & Farr, of Camden, N. J. (Thomas M. Farr, of Camden, N. J., of counsel), for petitioners

Altman & Backer, by Samuel Backer, all of Atlantic City, N. J., and Gilbert W. Oswald, of Philadelphia, Pa. (Schnader, Kenworthy, Segal & Lewis, by Bernard Segal, all of Philadelphia, Pa., of counsel), for Hotel President Operating Co.

MADDEN, District Judge.

This matter comes before the Court, upon a petition for instructions, by trustees under a reorganization plan of the President Realty Company, Inc., a corporation of the State of New Jersey, and is opposed by a motion of dismissal by the Hotel President Operating Company, one of the parties in interest in the matter. One of the main attacks upon the petition of the trustees is to the jurisdiction of the court to hear and entertain such petition...

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