St. Joe Paper Co. v. Atlantic Coast Line Railroad

C. A. 5th Cir. Certiorari granted limited to question “I” presented by the petition for writ of cer-tiorari in No. 670, i. e.:

“I. It being clear that Section 77 of the Bankruptcy Act, as enacted in 1933, did not authorize the Interstate Commerce Commission to present a plan of reorganization of a railroad involving a 'forced’ merger of the debtor Railway with another railroad, the question is whether amendments to the 1933 Act, made in 1935, do authorize forced mergers.

“The Act of 1933 for railroad reorganizations in bankruptcy contained in subdivision (b) a so called consistency clause which…