RAILROADS: MoPac Wins Its Freedom

Six months after George H. Moore became a judge in St. Louis' Federal District Court in 1935, he got his first big case: the Missouri Pacific reorganization in bankruptcy, already in its third year. Last week, 20 years and two months later, Judge Moore, 78, settled the case, and gave the final O.K. to MoPac's reorganization. At the last minute a group of bondholders holding only one-third of 1% of the total claims against MoPac went to court to block the plan, but Judge Moore swept aside their objections as "frivolous." With that, the 9,710-mile Missouri Pacific, sixth...

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