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IN RE STEPHEN R. JACKSON & CO.

No. 1461.

82 F.Supp. 966 (1949)

In re STEPHEN R. JACKSON & CO.

United States District Court D. Delaware.

March 2, 1949.

Attorney(s) appearing for the Case

Vincent A. Theisen (of Southerland, Berl & Potter), of Wilmington, Del., for petitioner Joseph Rizzo.

John S. Walker, of Wilmington, Del., for Watkins Electric Company and Betty Brothers.

William Prickett, of Wilmington, Del., for James F. Toner, Jr.

Robert H. Barnett, of Wilmington, Del., amicus curiæ.

LEAHY, Chief Judge.

Error is charged in that the Referee wrongly computed the amounts which were to be paid to his court for the Referee's Salary Fund and his Expense Fund.

The Trustee sought to sell certain real estate free of liens. The appraised value of the real estate was $148,000, a figure which was above the lien charges. At sale the properties brought only $125,000 by the bid of one who, by that time, held all the mortgage lien charges. The Referee...

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