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IN RE YALE EXPRESS SYSTEM, INC.

No. 65 B. 404.

281 F.Supp. 76 (1968)

In the Matter of YALE EXPRESS SYSTEM, INC. Application of UNITED STATES TRUST COMPANY OF NEW YORK.

United States District Court S. D. New York.

February 23, 1968.

Attorney(s) appearing for the Case

Royall, Koegel, Rogers & Wells, New York City, for trustee, by David W. Bernstein, New York City, of counsel.

John M. Friedman, New York City, for The Bank of New York.

Cadwalader, Wickersham & Taft, New York City, pro se and for United States Trust Co. of New York, by William N. Clarke and Terence F. Gilheany, New York City, of counsel.

Marvin Jacob, New York City, for Securities and Exchange Commission.

MEMORANDUM

TYLER, District Judge.

F. Ralph Nogg, trustee in reorganization of the debtors, has applied to this court for authority to reimburse United States Trust Company of New York ("trust company") as trustee under a certain collateral trust indenture ("the Trust Agreement") for stated administrative expenses and counsel fees. After a final hearing in court on November 22, 1967, some of the interested parties have also submitted in writing statements...

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