New York, Chicago & St. Louis Railroad v. Frank

Mr. Justice Douglas:

While I agree with the opinion of the Court, I think an elaboration of the point, which is the nub of the case, is desirable in view of certain observations in the dissenting opinion.

Appellant is a corporation formed under § 141 of New York Railroad Law, which provides for consolidation of railroad corporations. On the filing of the articles or agreement of consolidation, the several constituent companies “shall be one corporation by the name provided in such agreement.” And § 141 also provides that “such act of consolidation shall not release such new corporation from any…