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MATTER OF BOSTON & PROVIDENCE R.R. CORP.

No. 62413.

24 B.R. 558 (1982)

In the Matter of BOSTON & PROVIDENCE RAILROAD CORPORATION, Debtor.

United States District Court, D. Massachusetts.

November 18, 1982.

Attorney(s) appearing for the Case

Armistead B. Rood, Washington, D.C., Joseph B. Hyman, Arlington, Va., Albert B. Wolfe, Cambridge, Mass., for Boston & Providence Development Group.

Arthur P. Schmidt (charge trustee), Charles W. Bartlett (organization trustee), Charles W. Mulcahey, Boston, Mass., for Shawmut Bank of Boston.

Edwin K. Taylor, Assoc. Gen. Counsel, New York City, John E. Vanderstar, Washington, D.C., Harris G. Gorab, John M. Hall, Boston, Mass., for Penn. Central Corp.

MEMORANDUM

CAFFREY, Chief Judge.

This matter came before the Court on December 27, 1978, pursuant to a petition by the Boston & Providence Railroad Development Group (Development Group) for extension of the term of the equitable charge.

The Plan of Reorganization for the Debtor (Plan) was approved by the Interstate Commerce Commission (Commission) in 1966, Boston & Providence Railroad Reorganization, 327 I.C.C. 10, and was approved...

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