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IN RE NEW YORK, NEW HAVEN & HARTFORD RAILROAD CO.

No. 30226.

334 F.Supp. 576 (1970)

In the Matter of The NEW YORK, NEW HAVEN AND HARTFORD RAILROAD COMPANY, Debtor. The CITY OF NEW YORK, Petitioner (for approval condemnation of a parcel of the Trustees, real property) v. Richard Joyce SMITH, Trustee of the property of the New York, New Haven and Hartford Railroad Company, Respondent.

United States District Court, D. Connecticut.

August 14, 1970.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

FINDINGS OF FACT

ANDERSON, Circuit Judge (sitting by designation).

1. In December, 1955, the New York, New Haven and Hartford Railroad Company acquired a tract of land in the Borough of Bronx, City of New York, for resale to users of rail transportation in an effort to increase its freight revenues.

2. The tract was subsequently resold except for a strip...

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