United States v. New York, New Haven & Hartford Railroad
Court of Appeals for the D.C. Circuit
1Opinion of the Court
FRIENDLY, Circuit Judge.
The question here is whether a railroad subject to § 20a of the Interstate Commerce Act, 49 U.S.C.A. § 20a, can lawfully provide by agreement for significant changes in the rights and privileges of holders of 27% of its preferred stock without having obtained authorization from the Interstate Commerce Com*528mission under § 20a(2).1 We hold it cannot.
The question arises as follows: In August and October, 1955, the New York, New Haven & Hartford Railroad Company sustained extensive hurricane and flood damage. In an effort to raise funds required for repairs the New Haven…
Also in this document: Per curiam.
2Cases cited46 opinions
- Northern Pacific Railway Co. v. United StatesSupreme Court of the United States · 1958
- Cobbledick v. United StatesSupreme Court of the United States · 1940
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Fourco Glass Co. v. Transmirra Products Corp.Supreme Court of the United States · 1957
- Kendall v. United States Ex Rel. StokesSupreme Court of the United States · 1838
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3Cited by9 opinions
- Fed. Sec. L. Rep. P 95,889 Robert Abrahamson and Marjorie Abrahamson v. Malcolm K. FleschnerCourt of Appeals for the Second Circuit · 1978
- United States v. New York, New Haven and Hartford Railroad Company, Tri-Continental Financial Corporation, A. C. Allyn and Company, Incorporated, American Transportation Enterprises, Inc., Equitable Securities Corporation, Carl M. Loeb, Rhoades & Co., the Robinson-Humphrey Company, Inc., and John W. Clarke & Co., Helene Glenmore v. John I. AhernCourt of Appeals for the Second Circuit · 1960
- United States v. RobertsonDistrict Court, S.D. New York · 1959
- Cole v. WalhoutDistrict Court, W.D. Michigan · 1991
- In Re Tucker Freight Lines, Inc.District Court, W.D. Michigan · 1991
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