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SECURITIES & EXCHANGE COM'N v. BARRETT HERRICK CO.

173 F.Supp. 750 (1959)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. BARRETT HERRICK & CO., Inc. and Frederick L. Chapman, Defendants.

United States District Court S. D. New York.

June 12, 1959.

Attorney(s) appearing for the Case

James D. Walsh, New York City, for David I. Shivitz, Receiver for Barrett Herrick & Co., Inc.

David I. Stepacoff, Perth Amboy, N. J., for Fannie Schreibman, Robert David Schreibman, Peter Frank Schreibman and Zoltan Klein.

Whitehorn & Cowin, New York City, for claimants, Mervyn J. LaRue and Helen LaRue.

Joseph Delman, New York City, of counsel.

Grant A. Patten, Jr., New York City, for claimant Edward Jaeger.

SUGARMAN, District Judge.

Claimants Edward Jaeger (Jaeger), Mervyn J. LaRue, Helen LaRue (the LaRues), Fannie Schreibman, Robert David Schreibman, Peter Frank Schreibman and Zoltan Klein (the Schreibmans and Klein) object to the receiver's disallowance of their respective claims to the extent that they claim "priorities". There is no question as to the amount of each claim.

Jaeger, the Schreibmans and Klein show that they had delivered securities to their...

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