In Re Hudson & Manhattan Railroad Company

DAWSON, District Judge.

There is before the Court for its approval, pursuant to the provisions of the Bankruptcy Act, a plan of reorganization proposed by the Trustee in Bankruptcy, which appears to have the support of representatives of all of the creditor groups. The plan has been submitted to the Securities and Exchange Commission for its advisory opinion and the Commission has, with one exception hereinafter referred to, found the plan to be feasible and fair and equitable.

The Court is simultaneously herewith filing its findings of fact and conclusions of law, which summarize the plan and…