Legal Opinion
Chase National Bank v. 10 East Fortieth Street Corp.
Appellate Division of the Supreme Court of the State of New York
Decided June 2, 1933PublishedCited by 4 opinions
1Opinion of the CourtMerrell, J.
The respondents are a minority committee formed on December 31, 1932, and on January 30, 1933, the respondents represented 142 bondholders owning $258,500 in bond certificates out of a total outstanding issue of $5,373,500. A majority committee, known as the Schlosser Committee, was organized on July 19, 1932. On November 30, 1932, the said majority committee announced a plan of reorganization of the defendant corporation, and on January 21, 1933, the said majority committee had on *371deposit in its account $3,771,000 of bond certificates, or seventy per cent of the total bond issue. The…
2Cases cited10 opinions
- Louisville Trust Co. v. Louisville, New Albany & Chicago Railway Co.Supreme Court of the United States · 1899
- Farmers' Loan & Trust Co. v. New York & Northern Railway Co.New York Court of Appeals · 1896
- United States v. PeckSupreme Court of the United States · 1880
- Fleming v. GilbertNew York Supreme Court · 1808
- Dolan v. . RodgersNew York Court of Appeals · 1896
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3Cited by4 opinions
- In re PeopleNew York Supreme Court · 1934
- Meyer v. Lowry & Co.Appellate Division of the Supreme Court of the State of New York · 1939
- In Re the Liquidation of Lawyers Mortgage Co.New York Court of Appeals · 1944
- Vanneck v. City Bank Farmers Trust Co.New York Supreme Court · 1945