MEMORANDUM-DECISION, FINDINGS OF FACT, CONCLUSIONS OF LAW AND PROPOSED ORDER
LEON J. MARKETOS, Bankruptcy Judge.
STATEMENT OF THE CASE
On April 1, 1981, Adirondack Railway Corporation (hereinafter, Debtor or Lessee under a lease dated November 29, 1977 in which the State of New York is Lessor), petitioned for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 1101-et seq. (Supp. III 1979). This Court appointed Victor T. Ehre...
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