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IN RE MOHICAN PENCIL CO.

April 8, 1941

In re MOHICAN PENCIL CO.


The opinion of the court was delivered by: KALODNER

Pursuant to notice given to all interested parties, petitions for allowances were heard by this court on April 1, 1941.

The requested allowances for services total $11,600.

 The debtor, Mohican Pencil Company, an old-established Philadelphia concern, filed its petition for corporate reorganization under Chapter 10 of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., on May 9, 1940. Reorganization trustees were appointed on May 16, 1940. The concern was operated by the trustees until February 11, 1941, when an order adjudicating the debtor a bankrupt was entered, following failure of intensive efforts to effect a reorganization plan. The names of the petitioning parties and the allowances requested by each are as follows: 1. Hirschwald, Goff & Rubin, Es- quires, and Herman H. Krek- stein, Esquire, counsel for the reorganization trustees $ 6,000 2. Edward Stone, Esquire, reor- ganization trustee 3,200 3. Jenkins, Bennett & Libby, Es- quires, attorneys for the debtor company 1,000 4. Harry G. Liese, Esquire, attor- ney for the creditors' committee 750 5. A. F. Haderer, trustees' account- ant 200 6. Sidney Berg, John Ryan and Frederick G. Epp, appraisers 450 Total $11,600

19410408

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