OPINION OF THE COURT
PER CURIAM:
New York Connecting Railroad Co. (Connecting) is a wholly-owned subsidiary of the debtor, (Penn Central). Transportation Co. (Penn Central). The Bank of New Jersey, the indenture trustee, holds a mortgage which is the first lien upon all of Connecting's property to secure an issue of outstanding and unpaid bonds.
In October 1965, Connecting, for the sum of $5,000, granted...
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