Page:United States Statutes at Large Volume 49 Part 1.djvu/967

This page needs to be proofread.

922

74T H CONGRESS . SESS . I. CH . 774. AUGUST 27, 1935 . proceedings hereunder . Upon the filing of such order of dismissal all title to the property in the trust estate shall vest as therein pro- Federal court" con- vided . For the purposes of this section the words " Federal court" shall include the district courts of the United States and of the Ter- ritories and possess ions to which this title is or may hereafter be applicable, the Supreme Court of t he District of Columbia, and the United States Court of Alaska . Fr s tay otpend- ing suits. (j) In addition to the provisions of section 11 of this Act for the staying of pending suits against the debtor, the judge may enjoin or stay the commencement or continuation of suits against the debtor until after final decree ; and may, upon notice and for cause shown, enjoin or stay the commencement or continuance of any judicial proc eeding to enforce an y lien upo n the esta te until a fter final decree : Transportation tation dam_ P r ov i d e d, That suits or claims for damages caused by the operation age clai ms . of trains, busses, or other means of transportation may be filed and prosecuted to judgment in any court of competent jurisdiction and any order staying the prosecution of any such cause of action or Removal of causes to appeal shall be vacated . Proceedings under section 77 or under this District court . amendatory Act shall not be grounds for the removal of any cause of action to the United States District Court which was not remov- able before the passage and approval of said section 77 and any order removing any cause of action or enjoining the prosecution of any such cause of action in any court is null and void and any cause of action heretofore removed from a State court on account of said section 77 shall be remanded to the court from which it was removed . Title of any owner to The title of any owner, whether as trustee or otherwise, to rolling- equipment not im- paired . stock equipment leas ed or conditionally sold to the debtor, and any right of such owner to take possession of such property in compliance with the provisions of any such lease or conditional sale contract, shall not be affected by the provisions of this section . conh rrmin g copy as (k) A certified copy of the final order confirming a plan of reor- evidence.

ganization, or of an y other order or decree entered in a proceeding under this section, shall be evidence of the jurisdiction of the court, the regularity of the proceedings, and the fact that the order or decree was made . A certified copy of an order directing the transfer and conveyance of the property dealt with by the plan as provided in subsection (f) of this section, or as specified in an order dismissing the proceedings as p rovided in subsection (i), shall be evidence of the transfer and conveyance of title accordingly, and if recorded shall impart the same notice that a deed, if recorded, would impart . Effe ct of proceed ings

(1) In proceedings under this section and consistent with the hereunder . provisions thereof, the jurisdiction and powers of the court, the duties of the debtr and the rights and liabilities of creditors, and of all persons with respect to the debtor and its property, shall be the same as if a vol untary petition for adjudication had been filed and a decree of adjudication had been entered on the day when the debtor's petition was filed . "Ra ilroa d c . orp ora-

(m) The term "railroad corporation" as used in this amendatory tian " construed section means any common carrier by railroad engaged in the trans- portation of persons or property in interstate commerce, except a street, a suburban, or interurban electric railway which is not operated as a part of a general railroad system of transportation or which does not derive more than 50 per centum of its operating revenues from the tr ansportation of freight in standard steam rail- road freight equipment . Wherever used in this section the term " person " shall include an individual, corporation, partnership, association, joint-s tock company, unincorporated organization, or a government or political subdivision thereof .