Central Railroad Company of New Jersey Commonwealth of Pennsylvania 71-2163 Reading Company 72-1050 United Transportation Union 72-1051

¶1

Gordon P. MacDougall, Washington, D. C., Philip P. Kalodner, Pennsylvania Public Utility Commission, Harrisburg, Pa., for appellants in 71-2163.

¶2

William P. Quinn, Philadelphia, Pa., for appellant in 72-1050.

¶3

Thomas Park Shearer, Pittsburgh, Pa., for appellant in 72-1051.

¶4

Stanley Weiss, Newark, N. J., for appellee, trustee.

¶5

James Dausch, Asst. U. S. Atty., U. S. Department of Justice, Washington, D. C., for appellee, United States.

¶6

Pitney, Hardin & Kipp, Roger C. Ward, Newark, N. J., for appellee, Manufacturers Hanover Trust Co.

¶7

Jacob I. Goodstein, Goodstein, Zamore, Mehlman & Krones, New York City, for 3 1/4 Bondholders Protective Committee.

¶8

Before McLAUGHLIN, VAN DUSEN and ALDISERT, Circuit Judges.

¶9

We have carefully considered all the contentions presented by the various Appellants by briefs and oral argument in these expedited appeals. We do not find them persuasive to require that Order No. 445 of the Bankruptcy Court be vacated.

¶10

The Order No. 445 of the Bankruptcy Court will be affirmed.