IN RE NEW YORK, NEW HAVEN & HARTFORD RAILROAD CO.

No. 30226.

334 F.Supp. 579 (1970)

In the Matter of The NEW YORK, NEW HAVEN AND HARTFORD RAILROAD COMPANY, Debtor. Richard Joyce SMITH, Trustee of the property of the New York, New Haven and Hartford Railroad Company, Petitioner, v. The CITY OF NEW YORK, Respondent.

United States District Court, D. Connecticut.

August 19, 1970.


Attorney(s) appearing for the Case

Lawrence W. Iannotti, New Haven, Conn., First Mortgage Indenture Trustee.

Robert H. Quinor, Com. of Mass., Boston, Mass., for Com. of Mass.

Joseph Schreiber, Dewey, Ballantine, Bushby, Palmer & Wood, New York City, for Chase Manhattan Bank.

William O. Nelson, Special Asst. Atty. Gen., U. S. Dept. of Justice, Washington, D. C., for the United States.

Walter A. Kernan, Carter, Ledyard & Milburn, New York City, for United States Trust Co. of N. Y.

Lester C. Migdal, Migdal, Low, Tenney & Glass, New York City, Lander, Greenfield & Krick, New Haven, Conn., for Harry Rebell and Lester W. Rubin, as New York, New Haven and Hartford R. Co. First Mortgage 4% Bondholders Committee.

Mulholland, Hickey & Lyman, William J. Hickey, Washington, D. C., for Railway Labor Executives' Assn.

Louis J. Lefkowitz, Atty. Gen., Albany, N. Y., for State of N. Y.

Frank J. Fazzano, Director of Business Regulation, State of R. I., Providence, R. I., for State of R. I.

Myron S. Isaacs, Hellerstein, Rosier & Rembar, New York City, for Oscar Gruss & Son.

Robert K. Killian, Atty. Gen., Samuel Kanell, Sp. Asst. Atty. Gen., Hartford, Conn., for State of Conn.

Jerome H. Shapiro, Atty. Gen., New York City, Basil Cole, Vice Pres.-Law, Philadelphia, Pa., for Penn Central Co.

Leonard S. Goodman, Fritz Kahn, Washington, D. C., for I. C. C.

Robert W. Blanchette, Philadelphia, Pa., for Trustees, Penn Central Co.

Richard R. Bongartz, Edwin K. Taylor, Philadelphia, Pa., for Penn Central Transportation Co.

Joseph Auerbach, John N. Worcester, Sullivan & Worcester, Boston, Mass., Simpson, Thacher & Bartlett, New York City, for Manufacturers Hanover Trust Co.

Whitney North Seymour, Jr., U. S. Atty., New York City, for the United States.

Carl E. Newton, M. Lauck Walton, Granville Whittlesey, Donovan, Leisure, Newton & Irvine, New York City, for N. Y., N. H. & Hartford Railroad Co.

Stephen A. Weiner, Winthrop, Stimson, Putnam & Roberts, New York City, for Irving Trust Co.

Mercer D. Tate, Spencer Ervin, Jr., Tate & Erwin, Philadelphia, Pa., for Richard Joyce Smith, New Haven, Conn., Trustee of New York, New Haven & Hartford Railroad Co.

James Garfield, Choate, Hall & Stewart, Boston, Mass., Thomas E. Fagan, Sp. Counsel, New York City, John B. Garrity, Sp. Counsel, Poughkeepsie, N. Y., DiSesa & Evans, Professor James William Moore, Pouzzner & Hadden, New Haven, Conn., Speiser, Shumate, Geoghan, Krause & Rheingold, New York City, for Trustee of New York, New Haven & Hartford Railroad Co.

Joseph R. Di Stefano, East Providence, R. I., for Providence & Worcester Co.

R. A. Byrne, A. Frederick Keuthen, Madison, N. J., for Manufacturers Hanover Trust Co., New York City.


MEMORANDUM OF DECISION

ANDERSON, Circuit Judge (sitting by designation).

The respondent, The City of New York, in 1962 sought to assess the Debtor, the New Haven Railroad, for an alleged "benefit" for improvement of a city street which bordered the Railroad's right-of-way. The work on which this claim for an "improvement assessment" was based, was commenced in 1952 and was completed in 1958. The history of the subsequent administrative proceedings and those...

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