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IN RE PUBLIC SERVICE CO. OF NEW HAMPSHIRE

Bankruptcy No. 88-00043.

88 B.R. 558 (1988)

In re PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, Debtor.

United States Bankruptcy Court, D. New Hampshire.

July 20, 1988.

Attorney(s) appearing for the Case

Richard Levin, R. Carl Anderson, Concord, N.H., for Public Service Co.

Joel Zweibel, Geoffrey Kalmus, New York City, J. Michael Deasy, Nashua, N.H., for the Unsecured Creditors' Committee.

John Pritchard, Anthony Marts, Manchester, N.H., for First Fidelity Bank.

George Wade, David J. Dunfey, Boston, Mass., for Citicorp and CUC, Inc.

John J. Jerome, New York City, for Shearson & Lehman Bros.

Larry M. Smukler, Concord, N.H., Daniel J. Callaghan, Frederick J. Coolbroth, Manchester, N.H., for the State of N.H.

Howard J. Berman, New York City, for the Equity Committee.

Daniel M. Glosband, Boston, Mass., for United Illuminating, New England Power, EUA Incorporation, Canal Elec. Co., and Montaup Co.

Connie L. Rakowsky, Concord, N.H., for New England Elec. Service.

Sandor E. Schick, New York City, for Eurodollar Term Loan Syndicate.

ORDER DENYING THE THIRD MORTGAGEES' MOTION FOR ADEQUATE PROTECTION IN THE FORM OF CURRENT AND CONTINUING INTEREST PAYMENTS UNDER THE THIRD MORTGAGE BONDS

JAMES E. YACOS, Bankruptcy Judge.

Upon consideration of the Motion dated May 3, 1988 by First Fidelity, N.A., New Jersey ("First Fidelity"), as trustee under the Third Mortgage Bond Indenture, dated February 15, 1986 as amended and supplemented (the "Third Mortgage Indenture"), Citicorp, Consolidated Utilities...

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