Chicago, R. I. & P. Ry. Co. v. Fleming
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KERNER, Circuit Judge.
Appeals are taken by four separate groups of appellants from an order approving a plan of reorganization for the Chicago, Rock Island and Pacific Railway Company. On oral argument the cases were 'heard together and will be treated in one opinion because of the similarity of issues raised.
On June 7, 1933, the debtor railway company filed a petition under § 77 of thi Bankruptcy Act, 11 U.S.C.A. § 205. Because of the debtor’s low earnings in the: years immediately following the petition and the necessary delay created by the Interstate Commerce Commission in the evaluation…
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- Palmer v. MassachusettsSupreme Court of the United States · 1939
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