Realty Associates Securities Corp. v. Newman & Bisco

MANTON, Circuit Judge.

The Realty Associates Securities Corporation, adjudged a bankrupt July 10, 1933, appeals from an order made below in so far' as it remits to the referee in bankruptcy a composition proposed, with instructions to ascertain and report whether a majority in. number and amount of its creditors, whosé claims have been allowed, will accept the composition with the agreement of the bankrupt to pay “such compensation and expenses of the three bondholders’ committees, of which William E. Kennedy, Jr., J. Lester Fieman, and Frederick S. Robinson are respectively chairmen, and such…