Pennsylvania Steel Co. v. New York City Ry. Co.

LACOMBE, Circuit Judge.

The receivers, upon due notice to all parties, ask for instructions as to a lease of the Cfentral Park, North & East River Railroad, commonly known as the “Belt Line,” located in Fifty-Ninth street, and running through Tenth avenue, First avenue, and other streets and avenues to the South Kerry. It comprises 7.433 miles of single electric track and 12.3 miles of single horse track. The lease was originally made to the Metropolitan Cross-Town Company, and runs for the unexpired term of the charter, 100 years from June 5, 1860. The Metropolitan Cross-Town was subsequently…