In re De Palma

The co-committee has applied, pursuant to section 1375, subdivision 6, of the Civil Practice Act, for an order permitting him to deposit securities aggregating in value $18,000, and after such deposit reducing his bond by. that amount from $20,000 to $2,000. There are indications that a number of similar applications are being withheld pending determination of this motion. No question has been raised, respecting the conduct of this co-committee or the character or value of the securities here sought to be deposited. The only opposition is the surety company’s contention that judicial…