MATTER OF C. M. ST. P. & PAC. R. CO.

No. 80-1677.

648 F.2d 1261 (1981)

In the Matter of CHICAGO, MILWAUKEE, ST. PAUL AND PACIFIC RAILROAD COMPANY, Debtor. Appeal of CITY OF PRINCEVILLE RAILROAD, The Marinette, Tomahawk & Western Railroad and The Valdosta Southern Railroad.

United States Court of Appeals, Seventh Circuit.

Decided May 19, 1981.


Attorney(s) appearing for the Case

Arthur W. Friedman, Chicago, Ill., for appellant.

Edward Malstrom-Isham, Lincoln & Beale, Chicago, Ill., for appellee.

Before FAIRCHILD, Chief Judge, PELL, Circuit Judge, and CRABB, District Judge.


FAIRCHILD, Chief Judge.

This case raises the question of whether a prior order of the district court entitles certain interline railroads to current payment of car repair accounts for which the Chicago, Milwaukee, St. Paul and Pacific Railroad (Milwaukee Road) became liable prior to initiation of its reorganization proceedings. We hold that the district court did not err in determining that payment in full out of current funds is not mandated by the terms of the earlier...

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