PENN-CENTRAL MERGER AND N & W INCLUSION CASES. - 389 U.S. 946 (1967)
U.S. Supreme Court
PENN-CENTRAL MERGER AND N & W INCLUSION CASES. , 389 U.S. 946 (1967)
389 U.S. 946
PENN-CENTRAL MERGER and N & W Inclusion Cases.
Nos. 778, 779, 830-836.
Supreme Court of the United States
November 9, 1967
Howard J. Trienens, Richard J. Flynn, George L. Saunders, Jr., Lloyd N. Cutler, Daniel K. Mayers, Edward K. Wheeler, Robert B. Claytor, Kenneth H. Ekin, Norman C. Melvin and John S. Shannon, for Baltimore & O. R. Co. and others.
Myron S. Isaacs and Homer Kripke, for Oscar Gruss & Son.
Lawrence W. Pollack for New York, N. H. & H. R. Co. First Mortgage 4% Bondholders Committee.
Harvey Gelb, Israel Packel and Gordon P. MacDougall, for City of Scranton and Milton J. Shapp.
Howard J. Trienens, Richard J. Flynn, George L. Saunders, Jr., Lloyd N. Cutler, Daniel K. Mayers, Edward K. Wheeler and Albert Ritchie, for appellants on motion to advance.
Harry G. Silleck, Jr., for Delaware & H. R. Corp.
Thomas D. Barr and Eldon Olson, for Erie-Lackawanna R. Co.
Solicitor General Griswold and Robert W. Ginnane, for United States and the Interstate Commerce Commission.
Henry P. Sailer, for Pennsylvania R. Co. and New York Cent. R. Co.
James A. Belson, for Boston & Maine Corp.
Joseph Auerbach, James Wm. Moore, Robert W. Banchette, Arthur Blasberg, Jr., Robert G. Bleakney, Jr., and Morris Raker, for Trustees of New York, N. H. & H. R. Co.
Samuel Kanell, Sp. Asst. to Atty. Gen. of Connecticut, for States of Connecticut and Rhode Island.
On applications for stay. [ Penn-Central Merger and N & W Inclusion Cases. 389 U.S. 946 (1967) ][946-Continued]
Applications for a stay of enforcement of an order of the Interstate Commerce Commission1 authorizing a merger of the Pennsylvania R. Co. and the New York Central R. Co., pending this Court's determination of appeals from a decision of a three-judge court in the Southern District of New York, 279 F.Supp. 316, sustaining both the Commission's order authorizing the merger and its order2 directing the Norfolk & Western R. Co. to include in its system the Erie-Lackawanna R. Co., the Delaware & Hudson R. Corp., and the Boston & Maine Corp., have been submitted to MR. JUSTICE HARLAN as the Associate Justice assigned to the Second Circuit. The applicants for a stay include four railroad companies,3 holders of New York, New Haven & Hartford R. Co. bonds,4 a Pennsylvania city,5 and a Pennsylvania R. Co. stockholder. [Footnote 6]
Mr. Justice HARLAN, pursuant to our Rule 50(6), has referred these applications to the Court for disposition.
Papers supporting the stay applications have been submitted by the Delaware & Hudson R. Corp. and the Erie-Lackawanna R. Co. In addition, the Baltimore & Ohio R. Co. for itself and certain other railroad carriers7 has docketed an appeal from the part of the Southern District of New York judgment which upheld the Commission's order authorizing the Penn-Central merger. Similarly, the Norfolk & Western R. Co. has docketed an appeal from that part of the judgment which upheld the order directing it to include in its system the three railroads named above. [Footnote 8] These appellants have filed a joint motion to accelerate consideration of their appeals. Motions to consolidate and to accelerate consideration of the appeals have been filed by the Delaware & Hudson Corp. and the Erie-Lackawanna R. Co. The United States and the Interstate Commerce Commission and various other parties9 have indicated that they do not oppose a stay or the merger if consideration of the appeals is substantially accelerated.
Upon consideration of these applications, motions, and other papers, a stay of enforcement of the order of the Interstate Commerce Commission, and the motions to consolidate and accelerate, are hereby granted subject to and in accordance with the following expedited schedule. See Hannah v. Larche, 361 U.S. 910; Erie-Lackawanna R. Co. v. United States, 385 U.S. 914. Any parties to the proceedings below who desire to appeal and have not already done so shall file notices of appeal and shall docket their cases on or before November 17, 1967. [389 U.S. 946 , 948]