Pennsylvania RR Co. v. State of NY
New York Court of Appeals
1Opinion of the CourtFuld, J.
In 1954 the Long Island Bail Boad Company qualified as a railroad redevelopment corporation under the newly revised article 7 of the Bailroad Law (known as the Bailroad Bedevelopment Corporations Law). The question presented for decision is whether that qualification created a contract with the State so as to render later amendment of the statute unconstitutional as an impairment of contract obligation.
In 1949 the Long Island filed a petition for reorganization under section 77 of the Federal Bankruptcy Act (IT. S. Code, tit. 11, § 205). The Pennsylvania Bailroad Company was its sole…
2Cases cited23 opinions
- Dodge v. Board of Ed. of ChicagoSupreme Court of the United States · 1937
- Atlantic Coast Line Railroad v. City of GoldsboroSupreme Court of the United States · 1914
- Indiana Ex Rel. Anderson v. BrandSupreme Court of the United States · 1938
- New York & New England Railroad v. BristolSupreme Court of the United States · 1894
- Wisconsin & Michigan Railway Co. v. PowersSupreme Court of the United States · 1903
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