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MATTER OF CHICAGO, MILWAUKEE, ETC.

Nos. 79-1494, 79-1675, 79-1683 and 79-1698.

611 F.2d 662 (1979)

In the Matter of CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD COMPANY, Debtor, Consolidated Appeals of: Continental Illinois National Bank and Trust Company of Chicago, as indenture trustee; Harris Trust and Savings Bank, as indenture trustee; The First National Bank of Chicago, as indenture trustee; and Girard Bank, as indenture trustee, Chicago, Milwaukee, St. Paul and Pacific Railroad Company, as debtor, and Chicago Milwaukee Corporation, as shareholder, Stanley E. G. Hillman, as trustee.

United States Court of Appeals, Seventh Circuit.

Decided October 2, 1979.

Rehearing and Rehearing Denied January 2, 1980.

Attorney(s) appearing for the Case

Susan Getzendanner, Mayer, Brown & Platt, Chicago, Ill., for appellant.

John W. Rowe, Isham, Lincoln & Beale, Chicago, Ill., for trustee.

Henri F. Rush, Associate Gen. Counsel, ICC, Washington, D.C., Thomas J. Brewer, Special Asst. Atty. Gen., Seattle, Wash., William G. Mahoney, Washington, D.C., Douglas N. Owens, Asst. Atty. Gen., Olympia, Wash., for intervenors.

Before FAIRCHILD, Chief Judge, and SWYGERT and TONE, Circuit Judges.

Rehearing and Rehearing In Banc Denied January 2, 1980.

PER CURIAM.

These are appeals from orders of the district court in a railroad reorganization proceeding under Section 77 of the Bankruptcy Act, 11 U.S.C. § 205.1 Two orders permitted the Reorganization Trustee, Stanley E. G. Hillman2 (hereinafter Trustee) to borrow money in order to operate the railroad. A third order denied the request of...

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