MATTER OF PENN CENTRAL TRANSPORTATION COMPANY

No. 70-347.

404 F.Supp. 1353 (1975)

In the Matter of PENN CENTRAL TRANSPORTATION COMPANY, Debtor.

United States District Court, E. D. Pennsylvania.

December 10, 1975.


Attorney(s) appearing for the Case

James E. Howard, Paul Duke, Carl Helmetag, Philadelphia, Pa., for Trustees, PCTC.

Sullivan & Worcester by Joseph Auerbach, Morris Raker, Boston, Mass., and Gratz, Tate, Spiegel, Ervin & Ruthrauff by Spencer Ervin, Jr., Philadelphia, Pa., for Richard Joyce Smith, trustee, New York, New Haven & Hartford RR Co.

Highsaw & Mahoney by William G. Mahoney, Washington, D. C., for Railway Labor Executives Ass'n and Brotherhood of Railway & Airlines Clerks.

Mulholland, Hickey & Lyman by Kenneth Crosson, Washington, D. C., for Railway Labor Executives Ass'n.

Fox, Rothschild, O'Brien & Frankel by Nochem S. Winnet, Philadelphia, Pa., for First Nat'l City Bank of N. Y.

Willkie, Farr & Gallagher by Walter H. Brown, New York City, for Institutional Investors Penn Central Group.

Ballard, Spahr, Andrews & Ingersoll by Richardson Blair, Lewis A. Grafman, Philadelphia, Pa., for Girard Trust Bank, Indenture Trustee Institutional Investors and Schedule A Indenture Trustees.

Meyer, Lasch, Hankin & Poul by Herman B. Poul, Philadelphia, Pa., for District No. 22, Int'l Ass'n. of Machinists, Conrail System Bd. of Adjustment, Pa. Federation Brotherhood of Maintenance of Way Employees.

James F. Dausch, Dept. of Justice, and Jerome Sharfman, Washington, D. C., Dept. of Trans., for U. S.

Pepper, Hamilton & Scheetz by John G. Harkins, Jr., Philadelphia, Pa., for Conrail.

Drinker, Biddle & Reath by Henry W. Sawyer, III, Lewis H. Van Dusen, Jr., Philadelphia, Pa., for SEPTA.

Gordon P. MacDougall, Washington, D. C., for Commonwealth of Pa.

David Berger, P. A., by David Berger, Daniel Berger, Philadelphia, Pa., for Penn Central Co.


MEMORANDUM AND ORDER NO. 2123

FULLAM, District Judge.

The Government has filed a "Petition . . . for an Order to Preserve Debtor's Rail Properties" (Document No. 9643), and the Trustees of the Debtor have filed a "Petition . . . for Instructions Concerning Payment of Retroactive Wage Adjustments and Certain Special Accounts" (Document No. 9645). These petitions, which were heard together on December 5, 1975, raise closelyrelated,

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