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IN RE PENN CENTRAL TRANSPORTATION COMPANY

Nos. 74-8, 74-12, 74-11, 74-6, 74-10, 74-7 and 74-9.

384 F.Supp. 895 (1974)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. In the Matter of The UNITED NEW JERSEY RAILROAD AND CANAL CO. and Other Secondary Debtors of Penn Central Transportation Company, Debtor. In the Matter of LEHIGH VALLEY RAILROAD COMPANY, Debtor. In the Matter of The CENTRAL RAILROAD COMPANY OF NEW JERSEY, Debtor. In the Matter of The LEHIGH AND HUDSON RIVER RAILWAY COMPANY, Debtor. In the Matter of READING COMPANY, Debtor. In the Matter of The ANN ARBOR RAILROAD COMPANY, Debtor.

Special Court. Regional Rail Reorganization Act.

Decided September 30, 1974.

FRIENDLY, Presiding Judge:

We have here a number of appeals from orders of district courts under the second sentence of § 207(b) of the Regional Rail Reorganization Act of 1973 (generally hereafter the Act), 87 Stat. 985 (1974), which subsection we quote in its entirety in the margin.1 The district courts made the orders in the reorganization proceedings under § 77 of the Bankruptcy...

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