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IN RE FLORIDA EAST COAST RY. CO.

No. 4827.

52 F.Supp. 420 (1943)

In re FLORIDA EAST COAST RY. CO.

District Court, S. D. Florida, Jacksonville Division.

October 19, 1943.

Attorney(s) appearing for the Case

Davis, Polk, Wardwell, Sunderland & Kiendl and Edgar G. Crossman, all of New York City, for petitioning creditors.

Russell L. Frink, of Jacksonville, Fla., for reorganization trustees Scott M. Loftin and John W. Martin.

John B. L'Engle, of Jacksonville, Fla., for debtor Florida East Coast Ry. Co.

Frank P. Fleming, Guy W. Botts, Giles J. Patterson, and Henry P. Adair, all of Jacksonville, Fla., White & Case, of New York City, Stockton, Ulmer & Murchison, of Jacksonville, Fla., John G. Jackson, of New York City, Osborne, Copp & Markham, Charles Cook Howell, Charles Cook Howell, Jr., and Milam, McIlvaine & Milam, all of Jacksonville, Fla., Percival E. Jackson, of New York City, John A. Bussian, of Chicago, Ill., Frank E. Bryant, of Miami, Fla., Pitney, Hardin & Ward, of Newark, N. J., and J. Henry Blount, of Jacksonville, Fla., for intervenors.

STRUM, District Judge.

Florida East Coast Railway Company operated under an equity receivership in this court from August 31, 1931, until January 25, 1941, when reorganization proceedings were instituted under Section 77 of the Bankruptcy Act, 11 U.S.C.A. § 205.

As of December 31, 1940, the debtor railway's capitalization was:

Capital stock outstanding ......    $37,500,000.00

First mortgage 4½% bonds,
 due January 1, 1959 .........

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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