MATTER OF CENT. R. CO. OF NEW JERSEY

B. No. 401-67.

412 F.Supp. 927 (1976)

In the Matter of the CENTRAL RAILROAD COMPANY OF NEW JERSEY.

United States District Court, D. New Jersey.

March 31, 1976.


Attorney(s) appearing for the Case

Wilmer, Cutler & Pickering by Reuben Clark, William T. Lake, and Richard A. Allen, Washington, D. C., for United States Railway Association.

Pepper, Hamilton & Scheetz by Laurence Z. Shiekman, Philadelphia, Pa., and Lum, Biunno & Tompkins by James C. Orr, Newark, N. J., for Conrail.

Jerome E. Sharfman, Dept. of Transp., Washington, D. C., for U. S. Dept. of Transp.

Stanley Weiss, Newark, N. J., for R. D. Timpany, trustee.

Thomas E. Tisza, Acting Gen. Counsel, Cent. R. Co. of New Jersey, Newark, N. J., for Cent. R.

Pitney, Hardin & Kipp by Roger C. Ward, Morristown, N. J., for indenture trustee.

Stryker, Tams & Dill by Stephen H. Knee, Newark, N. J., and Thomas Morrison (N. Y. Bar), for interline committee.

Jacob I. Goodstein, New York City, for 3¼% Mortgage Bondholders Committee.

Lamb, Hutchinson, Chappell, Ryan & Hartung by Raymond J. Lamb, Jersey City, N. J., for B & O and C & O.

O'Brien, Daaleman & Liotta by Carmine J. Liotta, Elizabeth, N. J., for Penn Cent. Trustee.


OPINION

WHIPPLE, Chief Judge.

This matter comes before the Court on the United States Railway Association's (hereinafter referred to as "USRA") petition for an Order for Identification of Cash and Other Current assets pursuant to Section 211(h)(3) of the Regional Rail Reorganization Act of 1973, as amended, 45 U.S.C. § 721(h)(3). See Order No. 816. A hearing was held on March 23, 1976. Decision was reserved. The Court has also had the benefit of pre...

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