In the Matter of BOSTON AND MAINE CORPORATION, Debtor.
United States District Court, D. Massachusetts.https://leagle.com/images/logo.png
March 12, 1979.
March 12, 1979.
Attorney(s) appearing for the Case
Charles W. Mulcahy, Jr., Mulcahy & Mulcahy and Robert M. Gargill, Choate, Hall & Stewart, Boston, Mass., for trustees.
Joseph H. B. Edwards, Paul J. Lambert, Diane M. Kottmyer, Bingham, Dana & Gould, Boston, Mass., for first mortg. indenture trustees.
Paul B. Galvani, Ropes & Gray, Boston, Mass., for Maine Cent. R. Co. and the Portland Terminal Co.
John T. Collins, Sherburne, Powers & Needham, Boston, Mass., for the Chesapeake & Ohio Ry. Co., the Baltimore & Ohio R. Co., and Western Maryland Ry.
William P. Quinn, Fell, Spalding, Goff & Rubin, Philadelphia, Pa., for Trailer Train Co.
William R. Glendon, Donald F. Luke, Rogers & Wells, New York City, and W. Charles Hogg, Jr., Edward C. Toole, Jr., Stephen W. Miller, Clark, Ladner, Fortenbaugh & Young, Philadelphia, Pa., for the Committee of Interline Railroads.
William Humphrey Tucker, Boston, Mass., for trustees of the property of Penn Central Transp. Co., debtor.
Philip Burling, Foley, Hoag & Eliot and John J. Glessner, III, Boston, Mass., for Eastern Associated Coal Co.
George W. McLaughlin, Boston, Mass., for Canadian Pac. Railroad.
John T. Daley, Dane, Howe & Brown, Boston, Mass., for Exxon Corp.
Francis J. Robertson, pro se.
Sunshine & Sunshine, P. C., New York City, for Uniroyal, Inc.
Donald R. Bryant, Burns, Bryant, Hinchey, Cox & Shea, Dover, N. H., for Town of Madbury, N. H.
Joseph D. S. Hinkley, Peabody & Arnold, Boston, Mass., for the second mortgage trustee.
John H. Broadley, Dept. of Justice, Washington, D. C., for the U. S.
United States District Court, D. Massachusetts.
MEMORANDUM
FRANK J. MURRAY, Senior District Judge.
The Debtor's Trustees have petitioned the court to fix the division of creditors and stockholders in the reorganization proceedings according to the nature of their respective claims and interests, pursuant to Section 77(c)(7) of the Bankruptcy Act (the Act), 11 U.S.C. § 205(c)(7). The Trustees suggested an order of priorities of creditors and stockholders divided into eleven categories, to which objections...
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