NEW YORK CENTRAL SECURITIES CORPORATION v. UNITED STATES


54 F.2d 122 (1931)

NEW YORK CENTRAL SECURITIES CORPORATION v. UNITED STATES et al.

District Court, S. D. New York.

May 20, 1931.


Attorney(s) appearing for the Case

House, Grossman & Vorhaus, of New York City (Frederick A. Henry, of Cleveland, Ohio, and Joseph Fischer, of New York City, of counsel), for the petitioner.

Jacob Aronson, of New York City (Crosby J. Beakes, and James L. Homire, both of New York City, of counsel), for defendants New York Central, the Cleveland, C., C. & St. L. Ry. Co. and the Michigan Cent. R. R.

Daniel W. Knowlton, of Washington, D. C., for defendant Interstate Commerce Commission.

George Z. Medalie, U. S. Atty., of New York City (Elmer B. Collins, Sp. Asst. to the Atty. Gen., of counsel), for the United States.

Before MACK, Circuit Judge, and WOOLSEY and COXE, District Judges.


MACK, Circuit Judge.

This is a petition under the Urgent Deficiencies Act (38 Stat. 208, 219, 220), 28 U. S. C. §§ 46, 47 (28 USCA §§ 46, 47) to annul and set aside two orders of the Interstate Commerce Commission relating to railroad leases, brought by a minority stockholder of each of the lessor companies and of the lessee company. The order of July 2, 1929 (150 I. C. C. 278; 154 I. C. C. 489),1 authorized acquisition...

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