IN RE MISSOURI PACIFIC RAILROAD COMPANY

No. 6935.

135 F.Supp. 102 (1955)

In the Matter of MISSOURI PACIFIC RAILROAD COMPANY, Debtor. In Proceedings for the Reorganization of a Railroad.

United States District Court E. D. Missouri, E. D.

Judgment Affirmed February 28, 1956.


Attorney(s) appearing for the Case

Russell L. Dearmont and Thomas T. Railey, St. Louis, Mo., for Guy A. Thompson, Trustee, Missouri Pacific R. Co. and all other Debtor Companies.

Burton K. Wheeler and Edward K. Wheeler, Washington, D. C., and Oliver & Oliver, Cape Girardeau, Mo. (Wheeler & Wheeler, Washington, D. C., of counsel), for Missouri Pacific R. Co., Debtor.

John L. J. Hart, Denver, Colo. (Holland & Hart, Denver, Colo., of counsel), for Alleghany Corp.

Percival E. Jackson, New York City (Theodore N. Tarlau and Joseph J. Bryer, New York City, of counsel), for Group of Holders of First and Refunding Mortgage Bonds of Missouri Pacific R. Co.

DeLancey C. Smith, San Francisco, Cal., Henry I. Stimson, New York City (Tralles, Hoffmeister & Gilpin, St. Louis, Mo., and Hale, Stimson, Russell & Nickerson, New York City, of counsel), for Protective Committee of 5¼% Secured Serial Gold Bonds of Missouri Pacific R. Co. and Certain Stockholders of New Orleans, T. & M. Ry. Co.

Abraham K. Weber, New York City, for Carl Rosenberger, and others, Holders of International-Great Northern Railroad Adjustment Mortgage Bonds.

Charles W. McConaughy, New York City, and Jacob Chasnoff, St. Louis, Mo. (Cadwalader, Wickersham & Taft, New York City, and Lowenhaupt, Mattingly, Chasnoff & Stolar, St. Louis, Mo., of counsel), for Group of Institutional Investors Holding First and Refunding Mortgage 5% Bonds of Missouri Pacific R. Co.

W. Hugh Peal and Allan Kuller (Chadbourne, Parke, Whiteside, Wolff & Brophy, New York City), for Manufacturers Trust Co., Trustee, Missouri Pacific Railroad First and Refunding Mortgage.

James I. Wyer (Ballantine, Bushby, Palmer & Wood), New York City, for Bankers Trust Co., Trustee, Missouri Pacific 5½% Convertible Bonds.

Emmet McCaffery (Dorr & Hand), New York City, for Chemical Corn Exchange Bank, Trustee under Indenture Securing Missouri Pacific 5¼% Secured Serial Bonds.

Hugh L. M. Cole (Milbank, Tweed, Hope & Hadley), New York City, and Wm. G. Pettus, Jr. (Shepley, Kroeger, Fisse & Shepley), St. Louis Mo., for City Bank Farmers Trust Co., Trustee under International-Great Northern First Mortgage.

Moses & Singer, New York City, for (Felix Fishman and Lyonel E. Zunz, New York City, of counsel), for Oscar Gruss & Son, as Holders of International-Great Northern Railroad Adjustment Mortgage Bonds.

Edward F. Colladay (Colladay & Colladay), Washington, D. C., and Everett Paul Griffin, St. Louis, Mo., for Protective Committee of First Mortgage Bonds of the International-Great Northern R. Co.

William H. Biggs, St. Louis, Mo., for Missouri Pacific 5¼% Secured Serial Gold Bonds Committee.

Frederick M. Myers, Jr., and L. George Reder, Pittsfield, Mass., on behalf of Independent Directors, Missouri P. R. Co.

S. Mayner Wallace, St. Louis, Mo. (Leonard D. Adkins, New York City), for Savings Banks Trust Co., Holder of New Orleans, T. & M. Ry. Co. First Mortgage Bonds.

Wm. C. Connett, IV (Bryan, Cave, McPheeters & McRoberts), St. Louis, Mo., for St. Louis Union Trust Co., Trustee, and Roland C. Behrens, and others, as a Bondholders Protective Committee for Little Rock & Hot Springs Western Bonds.

James J. Lewis, Alfred B. Teton, Grant G. Guthrie, Chicago, Ill., for Protective Committee for Holders of Common Stock of the Missouri Pacific R. Co., and Froelich, Grossman, Teton & Tabin, Chicago, Ill., of counsel, for said Committee.

Jones, Hocker, Gladney & Grand and George S. Roudebush, St. Louis, Mo., and Hopkins, Sutter, Halls, Owen & Mulroy, and Harry B. Sutter, C. Ives Waldo, Jr. and James J. McClure, Jr., Chicago, Ill., of counsel, for Avery Brundage, and others, Stockholders of New Orleans, T. & M. Ry. Co.

(Walter H. Brown, Jr.), Willkie, Owen, Farr, Gallagher & Walton, New York City, for the New York Trust Co.


MOORE, Chief Judge.

Pursuant to the order of this Court entered July 5, 1955, these proceedings came on to be heard on July 21, 1955, on the question of confirming a plan of reorganization (sometimes called the "Agreed-System Plan") for the three principal debtors, the Missouri Pacific Railroad Company, the New Orleans, Texas & Mexico Railway Company, and the International-Great Northern Railroad Company, and their subsidiary debtors, approved by the Interstate...

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