Legal Opinion
In re Hudson & Manhattan Railroad
District Court, S.D. New York
Decided December 1, 1954No. 90460PublishedCited by 8 opinions
1Opinion of the Court
WALSH, District Judge.
Reorganization of the debtor has been sought by certain creditors under Chapter X of the Bankruptcy Act, 11 U.S.C.A. § 501 et seq., and by the debtor itself under Section 77 of that act, 11 U.S.C.A. § 205. It is my conclusion that the defendant is an interurban electric railway; that it is not operated as part of a general railroad system of transportation ; and that it does not derive more than 50% of its operating revenue from freight. Consequently, Chapter X, rather than Section 77, is the statute applicable to its reorganization. The debtor’s motion to dismiss the…
2Cases cited7 opinions
- Piedmont & Northern Railway Co. v. Interstate Commerce CommissionSupreme Court of the United States · 1932
- United States v. Chicago North Shore & Milwaukee RailroadSupreme Court of the United States · 1933
- Sprague v. WollCourt of Appeals for the Seventh Circuit · 1941
- Hudson & M. R. Co. v. HardyCourt of Appeals for the Second Circuit · 1939
- Public Service Com'n of New York v. United StatesDistrict Court, S.D. New York · 1944
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Hudson & Manhattan Railroad CompanyDistrict Court, S.D. New York · 1955
- In re Hudson & Manhattan RailroadDistrict Court, N.D. New York · 1963
- In Re Hudson & Manhattan Railroad CompanyDistrict Court, S.D. New York · 1959
- In re Hudson & Manhattan RailroadDistrict Court, S.D. New York · 1959
- Augus v. StichmanCourt of Appeals for the Second Circuit · 1960
3 more not listed; retrieve them via the Exa API.