In re Lehigh Valley R.

MARIS, Circuit Judge.

The Lehigh Valley Railroad Company and three of its subsidiary corporations, the Lehigh Valley Rail Way Company, Lehigh Valley Railroad Company of New Jersey, and Pennsylvania and New York Canal and Railroad Company, on August 7, 1939, filed in this court petitions averring that they are unable to meet their debts, matured or about to mature, and that they desire to carry out a plan of adjustment, dated August 25, 1938, under the provisions of Chapter XV of the Bankruptcy Act, 11 U.S.C.A. c. 15, § 1200 et seq. A special court of three judges was at once convened as…