In re Penn Central Transportation Co.

MEMORANDUM OPINION IN SUPPORT OF ORDER NO. 238 (AMTRAK CONTRACT)

FULLAM, District Judge.

The Trustees seek approval of a proposed contract with the National Rail Passenger Corporation (“Amtrak”), pursuant to the Rail Passenger Service Act of 1970, P.L. 91-518, 45 U.S.C. § 501 et seq. Hearings were held on April *47820 and 23, 1971, at which testimony was presented and all persons interested had an opportunity to present their views.

The statute became effective October 30, 1970. In essence, it contemplates the designation of an essential network of national intercity passenger trains, to be owned and…