MATTER OF PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

400 F.Supp. 919 (1975)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor. In re INTERLINE PAYMENTS.

United States District Court, E. D. Pennsylvania.

August 12, 1975.


Attorney(s) appearing for the Case

James E. Howard, Philadelphia, Pa., for the trustees, Penn Central Transp. Co.

Sullivan & Worcester, by Morris Raker, Boston, Mass., and Gratz, Tate, Spiegel, Ervin & Ruthrauff, by Wilbur Bourne Ruthrauff, Philadelphia, Pa., for Richard Joyce Smith, Trustee, New York, New Haven & Hartford R.R. Co.

Clark, Ladner, Fortenbaugh & Young, by W. Charles Hogg, Jr., and Edward C. Toole, Jr., Philadelphia, Pa., for Committee of Interline Railroads.

Ballard, Spahr, Andrews & Ingersoll, by Lewis A. Grafman, Philadelphia, Pa., for Girard Trust Bank and indenture trustees.

Jerome E. Sharfman, Washington, D. C., for United States Dept. of Transp.

James F. Dausch, Washington, D. C., for the United States.


MEMORANDUM AND ORDER NO. 1989

FULLAM, District Judge.

In In re Central Railroad of New Jersey, 392 F.2d 589 (3d Cir. 1968), the Court of Appeals affirmed a district court decision, 273 F.Supp. 282 (D.N.J. 1967) which held that pre-reorganization freight charges were not trust funds. In reliance upon that decision, I earlier held, In the Matter of Penn Central Transportation...

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