Lieurance

The ultimate questions upon this appeal are of the reasonableness of allowances made by the court below as compensation to one of two receivers, and to one of two attorneys and one of two accountants, for the receivers, for services in the liquidation, through a proceeding in equity, of the assets of an insolvent merchandising company known as R. A. Pilcher Company, Inc., and the distribution" of the proceeds to creditors. The allowance so made to the receiver was $35,000; to the attorney, $30,000; and to the accountant, $10,769.71. The appellants, who are creditors of the estate appearing for themselves and in behalf of all other creditors, resisted the claims. The issues were tried" before a master, and upon his report the court entered the order from which the creditors appeal.

In 1926 the Pilcher Company was operating sixteen retail stores in Northern Calif *188 ornia, Oregon, and Washington. The major part of its indebtedness was owing to business houses in New York City, where it maintained its headquarters, and where it customarily purchased merchandise for distribution to its several stores. Fallowing a meeting of creditors in New York in the latter part of May, 1926, a…