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McKEON v. TOLEDO, PEORIA AND WESTERN R. CO.

No. 84-1189.

595 F.Supp. 766 (1984)

Michael J. McKEON and R. Dean Peterson, Plaintiffs, v. TOLEDO, PEORIA AND WESTERN RAILROAD COMPANY and/or Atchison, Topeka and Santa Fe Railway Company, Defendant.

United States District Court, C.D. Illinois, Peoria Division.

October 5, 1984.

Attorney(s) appearing for the Case

Robert J. Lenz, Bloomington, Ill., for plaintiffs.

Ronald A. Lane, Chicago, Ill., Robert V. Dewey, Peoria, Ill., for defendant.

MEMORANDUM OPINION

MIHM, District Judge.

FACTUAL BACKGROUND

Prior to 1980 the Toledo, Peoria and Western Railroad Company was a 50%-owned subsidiary of the Atchison, Topeka and Santa Fe Railway Company. The other 50% of TP & W's capital stock was owned by the Pennsylvania Transportation Company. On July 20, 1979 the Santa Fe Railway reached an agreement with the Pennsylvania Transportation Company...

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