Legal Opinion

In Re Hudson & Manhattan Railroad Company

District Court, S.D. New York

Decided December 21, 1955No. 90460PublishedCited by 10 opinions

1Opinion of the Court

WALSH, District Judge.

After a hearing on the issues raised by the answer of a stockholder, the approval of the creditors’ petition for reorganization of the debtor is reaffirmed.

The debtor is an interurban electric railway running between New York, Jersey City, Hoboken and Newark. The petition for its reorganization under Chapter X of the Bankruptcy Act, 11 U. S.C.A. § 501 et seq. was filed on August 11, 1954 by three of its bondholders. On December 8, 1954, after unsuccessfully moving to dismiss it, the debtor filed an answer which denied any act of bankruptcy but admitted its inability to…

2Cases cited19 opinions

  1. Swift & Co. v. United StatesSupreme Court of the United States · 1928
  2. First Nat. Bank of Cincinnati v. FlershemSupreme Court of the United States · 1934
  3. Fidelity Assurance Assn. v. SimsSupreme Court of the United States · 1943
  4. Edelstein v. United StatesCourt of Appeals for the Eighth Circuit · 1906
  5. Seidel v. Palisades-On-The-DesplainesCourt of Appeals for the Seventh Circuit · 1937

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3Cited by10 opinions

  1. Matter of 7H Land & Cattle Co.United States Bankruptcy Court, D. Nevada · 1980
  2. Hamilton Creek Metropolitan District v. Bondholders Colorado Bondshares (In Re Hamilton Creek Metropolitan District)Court of Appeals for the Tenth Circuit · 1998
  3. In Re City of BridgeportUnited States Bankruptcy Court, D. Connecticut · 1991
  4. In re Hudson & Manhattan RailroadDistrict Court, N.D. New York · 1963
  5. In re Port Authority Trans-Hudson Corp.Appellate Division of the Supreme Court of the State of New York · 1966

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