First National Bank v. Lasalle-Wacker Building Corp.

Mr. Presiding Justice O’Connor

delivered the opinion of the court.

By this appeal defendants, Halsey, Stuart & Co., reorganization manager, LaSalle-Wacker Corporation, and Phelps Kelley, seek to reverse an order entered awarding $15,000 in payment for services rendered by solicitors for certain bondholders, and $1,578.07 in payment of disbursements made by the chairman of such bondholders ’ committee.

The record discloses that The First National Bank of Chicago as trustee filed a foreclosure suit on behalf of the holders of $6,500,000 Series A Bonds executed by the LaSalle-Wacker Building…