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BANGOR & AROOSTOOK R. CO. v. BANGOR PUNTA OPERATIONS, INC.

Civ. No. 1933.

353 F.Supp. 724 (1972)

BANGOR AND AROOSTOOK RAILROAD COMPANY and Bangor Investment Company, Plaintiffs, v. BANGOR PUNTA OPERATIONS, INC. and Bangor Punta Corporation, Defendants.

United States District Court, D. Maine, N. D.

December 29, 1972.

Attorney(s) appearing for the Case

Roger A. Putnam, Portland, Me., Alan L. Lefkowitz and Edward T. Robinson, Ely, Bartlett, Brown & Proctor, Boston, Mass., for plaintiffs.

Sumner T. Bernstein and Herbert H. Sawyer, Portland, Me., James V. Ryan, New York City, for defendants.

OPINION AND ORDER OF THE COURT

GIGNOUX, District Judge.

This action arises under the Securities Exchange Act of 1934, the Clayton Antitrust Act, the Maine Public Utilities Act, and the common law of Maine. Plaintiff Bangor and Aroostook Railroad Company (BAR) is a Maine corporation which operates a railroad in the northern part of the State of Maine. Plaintiff Bangor Investment Company (BIC), a Maine corporation, is a wholly-owned subsidiary of BAR. Defendant...

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