In Re Public Service Company of New Hampshire, Etc., Debtor. First Fidelity Bank v. Public Service Company of New Hampshire
Court of Appeals for the First Circuit
1Per curiam
First Fidelity Bank (“First Fidelity”) is the Indenture Trustee for holders of Third Mortgage Bonds issued by the Public Service Company of New Hampshire (“Public Service”). The Indenture provides First Fidelity with a secured interest in a “Trust Estate,” defined to include most of Public Service’s real and personal property, such as its real estate, plant and equipment, along with “all tolls, rents, revenues, earnings, interest, dividends, royalties, issues, income and profits thereof.” But, among items specifically excepted from the “Trust Estate,” the Indenture lists “all cash, bonds,…
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