Ruskin v. Griffiths

J. JOSEPH SMITH, Circuit Judge.

This is an appeal from a denial in part of an application in a Chapter X proceeding for a supplemental allowance to Lewis J. Ruskin, as trustee under a Collateral Agreement for services rendered by his attorneys and for disbursements.

In May, 1954 the Debtor purchased from Ruskin, his wife and Rexall Drug Co. all the stock of Ford Hopkins Company, a Chicago retail drug chain. An unpaid balance of the purchase price was secured by a collateral trust agreement under which was pledged the stock of Ford Hopkins and that of another drug chain owned by the Debtor. The…