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  5. 65 B.R. 794 (1986)
 

SCHWEITZER v. CONSOLIDATED RAIL CORP.

Civ. A. Nos. 81-5375, 81-5376, 82-1683 to 82-1685, 82-2467, 82-2999, 82-4923, 84-2439, 85-2077, 84-2958, 85-2894, 85-1229, 85-1378, 84-1845, 84-4075, 84-2830, 86-1513, 85-4643, 86-2334, 86-1601.

65 B.R. 794 (1986)

Stanley SCHWEITZER v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Mildred SEIBERT, Individually and as Executrix of the Estate of Paul D. Seibert, Deceased v. CONSOLIDATED RAIL CORPORATION and the Reading Company. George A. WENTZEL v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Carl SCHOLING v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Martin H. SCHOLL, Individually and as Executor of the Estate of Ethel M. Scholl, Deceased v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Woodrow W. SCHWAMBACK v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Marilyn L. FRANK, Executrix of the Estate of Russell C. Wennell Deceased v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Earl R. FENSTERMACHER v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Samuel and Edna BARBITTA v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Gary A. and Anna J. COLLINS v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Gerald E. and Judith E. DAVIS v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Bernard F. DUNN v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Noriand S. GOTSHALL, Individually and as Executrix of Joseph J. Albert, deceased v. CONSOLIDATED RAIL CORPORATION and the Reading Company. William A. and Ruth HANNUM v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Ruth N. LEDDY, Individually and as Executrix of the Estate of Clarence T. Leddy v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Edward R. and Marion E. MARTIN v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Charles and Elsie TERPOILLI v. CONSOLIDATED RAIL CORPORATION, and the Reading Company. Edna M. BISCONTI, Individually and as Executrix of the Estate of Frank Bisconti v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Ethel M. COATES, Individually and as Administratrix of the Estate of Edward James Coates, Deceased v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Frank and Catherine D'ALICANDRO v. CONSOLIDATED RAIL CORPORATION and the Reading Company. Willis E. and Mary WOOMERT v. CONSOLIDATED RAIL CORPORATION and the Reading Company.

United States District Court, E.D. Pennsylvania.

August 22, 1986.

Attorney(s) appearing for the Case

Joseph F. Rice, James H. Rion, Barnwell, S.C., Frederick W. Nabhan, Allentown, Pa., John Roven, Houston, Tex., Thomas C. Gallagher, Richard Middleton, Savannah, Ga., Joel H. Aronon, Cherry Hill, N.J., Raymond P. Forceno, Charles A. Klein, Paul Sacks, Philadelphia, Pa., for plaintiffs.

Ralph G. Wellington, Margaret S. Woodruff, Bonnie R. MacDougal, Bruce B. Wilson, Donald A. Brinkworth, D. Scott Morgan, Philadelphia, Pa., for Conrail.

Howard H. Lewis, Timothy I. McCann, Robert L. Sachs, Jr., Philadelphia, Pa., for Reading Co.

MEMORANDUM AND ORDER

DITTER, District Judge.

After years of supervision, litigation, legislation, and negotiation under Section 77 of the Bankruptcy Act and the Rail Reorganization Act, the Reading Company emerged from reorganization proceedings. It no longer operated a railroad as its rail holdings were transferred to the Consolidated Rail Corp. (Conrail) in 1976, through acts of Congress. Its assets consisted principally of real estate holdings and a substantial...

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