In the event of a default in a trust indenture necessitating the sequestration of
the rents and income of the property covered thereby and where the trustee or committee
or other person or persons representing the bondholders is or are lawfully in possession
of the property and they or their attorneys, if any, shall have rendered services
in connection with the property at any time after default, no fees or allowances shall
be paid for such services unless and until affidavits showing the value thereof have
been presented to the court or a justice thereof and such court or justice has approved
the same and such fees and allowances, if approved, shall be paid in such manner and
at such times as the court or justice shall direct.
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