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IN THE MATTER OF BOSTON & PROVIDENCE R. R. CORP.

No. 7300.

413 F.2d 137 (1969)

In the Matter of BOSTON & PROVIDENCE RAILROAD CORPORATION, Debtor. BOSTON & PROVIDENCE RAILROAD DEVELOPMENT GROUP, Appellant.

United States Court of Appeals First Circuit.

July 24, 1969.

Attorney(s) appearing for the Case

Armistead B. Rood, Joseph B. Hyman and Lawrence T. Perera, Boston, Mass., for appellant.

Robert W. Meserve, Boston, Mass., with whom Benjamin H. Lacy, Charles W. Mulcahy, Jr., Laurence M. Channing, Rya Featherston, James Garfield, Nutter, McClennen & Fish, Mulcahy & Mulcahy, Hill & Barlow, and Choate, Hall & Stewart, Boston, Mass., were on brief, for appellees.

Before ALDRICH, Chief Judge, McENTEE and COFFIN, Circuit Judges.

McENTEE, Circuit Judge.

Efforts have been underway since 1938 to reorganize the Boston & Providence Railroad Corporation (debtor) in accordance with § 77 of the Bankruptcy Act, 11 U.S.C. § 205. Understandably, various plans have been spawned during the more than thirty years since that time. It will be sufficient for our purposes, however, to trace the history and frustrations of the last of these efforts, the 1966 plan.1

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