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FELDMAN v. GREAT NORTHERN RY. CO.

No. 76 Civ. 2837 (LFM).

428 F.Supp. 979 (1977)

Ralph FELDMAN and Mark Loren, Individually, and for the benefit of others similarly situated, Plaintiffs, v. GREAT NORTHERN RAILWAY COMPANY et al., Defendants.

United States District Court, S. D. New York.

March 16, 1977.

Attorney(s) appearing for the Case

Joseph M. Pogostin, New Rochelle, N. Y., for plaintiffs.

Davis, Polk & Wardwell, New York City, for defendant Burlington Northern Inc.; by James W. B. Benkard and James L. Kerr, New York City.

OPINION

MacMAHON, District Judge.

These cross-motions for summary judgment on stipulated facts, under Rule 56, Fed.R.Civ.P., present the question of whether recent congressional enactments,1 repealing the long-standing prohibition on private ownership of, and speculation in, gold, also repealed the "Gold Clause Resolution"2 which prohibited enforcement...

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