Legal Opinion
In re Prudence Co.
District Court, E.D. New York
Decided March 25, 1944No. 27496Published
1Opinion of the Court
MOSCOWITZ, District Judge.
This is a motion to confirm the report of Abraham Brill, Esq., Special Master, relating to the distribution of funds received by Central Hanover Bank and Trust Company, as former trustee of the 1961 Bond Issue of The Prudence Company, Inc., as dividends on its claim filed in the bankruptcy of New York Investors, Inc., based upon the latter’s guaranty of the 1961 Bond Issue. The essential portion of the indenture provides:
“Each of said Bonds shall bear the following:
“Guaranty and Agreement to Pay by Realty Associates.
“The undersigned, Realty Associates, a New York…
2Cases cited7 opinions
- Stillman v. . NorthrupNew York Court of Appeals · 1888
- In Re Nine North Church Street, Inc.Court of Appeals for the Second Circuit · 1936
- Everson v. . GereNew York Court of Appeals · 1890
- B. M. C. Durfee Trust Co. v. SteigerMassachusetts Supreme Judicial Court · 1936
- Bacon v. GrossmannAppellate Division of the Supreme Court of the State of New York · 1902
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