Guaranty Trust Co. v. Williamsport Wire Rope Co.

JOHNSON, District Judge.

The court has for disposition exceptions to the decree nisi confirming the sale of the assets of the Williamsport Wire Rope Company, filed by J. F. A. Comstedt et al., a committee representing certain stockholders of the Williamsport Wire Rope Company, and by Jamieson D. Kennedy et al., a committee representing certain other stockholders.

The Williamsport Wire Rope Company has been operated by equity receivers appointed by the court in September, 1932. On December 28, 1937, upon leave, of court, the trustees of the mortgage upon part of the property of the Williamsport…