United States District Court, E. D. New York.https://leagle.com/images/logo.png
February 3, 1951.
February 3, 1951.
Attorney(s) appearing for the Case
Shearman & Sterling & Wright, New York City, for trustee, Boykin C. Wright, William W. Golub, and Joseph A. Doyle, New York City, of counsel.
Richard R. Bongartz, General Atty., New York City, for trustee.
Conboy, Hewitt, O'Brien & Boardman, New York City, for Pennsylvania R. Co., and American Contract & Trust Co., Bernard Sobol, New York City, of counsel.
Cravath, Swaine & Moore, New York City, for Chemical Bank & Trust Co., Robert O. Hancox, New York City, of counsel.
Milbank, Tweed, Hope & Hadley, New York City, for Chase Nat. Bank of City of New York, Orville W. Wood, New York City, of counsel.
G. Burchard Smith, County Atty. of Nassau County, Mineola, N. Y., and Fred J. Munder, County Atty. of Suffolk County, Huntington, N. Y., Orrin G. Judd, New York City, of counsel, for Nassau and Suffolk Counties.
John P. McGrath, Corp. Counsel of the City of New York, New York City, James J. Thornton and G. Gary Sousa, New York City, of counsel, for New York City.
Nathaniel L. Goldstein, Atty. Gen. of the State of New York, Abe Wagman, New York City, of counsel, for the State.
Edward S. Greenbaum, Gen. Counsel, New York City, for the Long Island Rail Road Commission.
United States District Court, E. D. New York.
KENNEDY, District Judge.
On February 17, 1950, there occurred on the debtor's line a wreck near the station at Rockville Centre which resulted in the loss of 17 lives and numerous passenger injuries. Extremely large financial loss was incurred by the debtor in the discharge of the various claims arising from that incident.
On November 22, 1950, there occurred a second serious wreck at or near Kew Gardens, L. I. This wreck resulted in the loss of 79 lives and...
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