In the Matter of Penn Central Transportation Company, Debtor. Appeal of Richard S. Robinson

OPINION OF THE COURT

This appeal has been taken from Order No. 261, 328 F.Supp. 1273, entered by the District Court for the Eastern District of Pennsylvania in the course of the pending proceeding for the reorganization of Penn Central Transportation Co., a railroad under section 77 of the Bankruptcy Act, 11 U.S.C. § 205. The questioned order denied a petition wherein thirteen shareholders of Penn Central Co. sought to intervene generally in the reorganization proceeding. Penn Central Co. owns all of the stock of the debtor, Penn Central Transportation Co., and is a party in the reorganization…