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MATTER OF PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

400 F.Supp. 920 (1975)

In the Matter of PENN CENTRAL TRANSPORTATION CO., Debtor. In re INTERIM FINANCIAL SUPPORT.

United States District Court, E. D. Pennsylvania.

August 12, 1975.

Attorney(s) appearing for the Case

James E. Howard, Philadelphia, Pa., for the trustees, Penn Cent. Transp. Co.

Sullivan & Worcester, by Morris Raker, Boston, Mass., and Gratz, Tate, Spiegel, Ervin & Ruthrauff, by Wilbur Bourne Ruthrauff, Philadelphia, Pa., for Richard Joyce Smith, Trustee, New York, New Haven & Hartford Railroad Co.

Clark, Ladner, Fortenbaugh & Young, by W. Charles Hogg, Jr., and Edward C. Toole, Jr., Philadelphia, Pa., for Committee of Interline Railroads.

Ballard, Spahr, Andrews & Ingersoll, by Lewis A. Grafman, Philadelphia, Pa., for Girard Trust Bank and indenture trustees.

Jerome E. Sharfman, Washington, D. C., for United States Dept. of Transp.

James F. Dausch, Washington, D. C., for the United States.

MEMORANDUM IN SUPPORT OF ORDER NO. 1981

FULLAM, District Judge.

On August 4, 1975, I entered Order No. 1981, in response to a further petition by the Government seeking to compel the Trustees to agree to allow the Government to pay certain installments on equipment obligations, but with the liability of the Trustees for such payments merely deferred rather than satisfied. This Memorandum is intended to set forth the reasons for that Order.

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