Transcontinental & Western Air, Inc. v. Farley

MANTON, Circuit Judge.

Appellant was organized July 21, 1930, and assumed on October 23, 1930, with the approval of the Post Office Department, an air mail contract of October 1, 19301, granted to Western Air Express, Inc., and Transcontinental Air Transport, Inc. It surrendered its contract January 30,1933, pursuant to an act of Congress, receiving in return a route certificate whereby it was granted the right, for a period ending April 5, 1936, to carry government air mail. This route certificate contained a full mutual release of both parties from the terms and obligations of the…