People v. S. W. Straus & Co.

This motion is to confirm the report of Hon. Harry A. Gordon, the referee designated to hear and report upon 1,402 claims filed by creditors against S. W. Straus & Co., Inc., in receivership. (See 158 Misc. 186.)

On March 3, 1933, upon motion of the Attorney-General of this State, William M. Calder and Robert Moses were named receivers of the Straus Company. They resigned within a few days, finding the company a mere shell with but $29,000 in bank and assets of doubtful value, and on March 17, 1933, Louis F. Schultze was appointed successor receiver and has since given all his time to the…