on July 12, 1973, shall open new books of account as of 12:01 A.M. E.D.S.T. on July 13, 1973, shall preserve records of all receipts and disbursements of the Secondary Debtor, and shall deposit the monies coming into its hands in such banks as it shall select.
8. Each depository of the Secondary Debtor's funds is hereby directed to honor, without set-off, all checks, drafts and vouchers drawn by the Secondary Debtor against its account or accounts and to carry on similar banking transactions with the Secondary Debtor without regard to the fact that the Petition of the Secondary Debtor heretofore filed under Section 77 of the Bankruptcy Act has been approved by this Court, and without regard to any other provision of this Order; provided, however, that the honor pursuant to this Order by a depository of checks, drafts or vouchers drawn by the Secondary Debtor prior to the filing of the Petition for this order or thereafter shall be without prejudice to any claim of set-off and/or any claim of priority by such depository in these proceedings.
9. The Secondary Debtor shall file with the Clerk of this Court not later than September 14, 1973, a statement of the assets and liabilities of the Secondary Debtor as of the close of business on July 12, 1973, and thereafter shall file with said Clerk such other financial statements, schedules or information as this Court may from time to time require. All such financial statements, schedules or information shall be certified as correct by the chief accounting or other appropriate officer of the Secondary Debtor.
10. All persons, firms, corporations and governmental entities, wherever located, are restrained and enjoined from interfering with, seizing, converting, appropriating, attaching, garnisheeing, levying upon, or declaring, imposing or enforcing liens upon, or in any manner whatsoever disturbing any portion of the assets, goods, money, deposit balances, credits, choses in action, interests, railroads, properties or premises belonging to, or in the possession of the Secondary Debtor as owner, lessee or otherwise, or from taking possession of or from entering upon, or in any way interfering with the same, or any part thereof, or from interfering in any manner with the operation of said railroads, properties or premises or the carrying on of its business by the Secondary Debtor under the orders of this Court and from commencing or continuing any proceeding against the Secondary Debtor, whether for obtaining or for the enforcement of any judgment or decree or for any other purpose; provided, however, that suits or claims for damages caused by the operation of trains, buses, or other means of transportation may be filed and prosecuted to judgment in any court of competent jurisdiction and provided, further, that the title of any owner, whether as trustee or otherwise, to rolling stock equipment leased or conditionally sold to the Secondary 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 Order.
11. All persons, firms, corporations and governmental entities, wherever located, holding collateral heretofore pledged by the Secondary Debtor as security for its notes or obligations or holding for the account of the Secondary Debtor deposit balances, credits or other property or assets are restrained and enjoined from selling, converting or otherwise disposing of such collateral, deposit balances, credits, or other assets or property, or any part thereof, or from offsetting the same, or any thereof, against any obligation of the Secondary Debtor, until further order of this Court.
12. The Secondary Debtor is directed to give notice by mailing a copy of this Order to the trustee or trustees under each mortgage or other indenture pursuant to which any securities of, or assumed or guaranteed by, the Secondary Debtor, have been issued, and to cause a notice, directed to its creditors and stockholders, to be published within ten days from the date of the entry of this Order, once each in the Evening Bulletin and the Philadelphia Inquirer, newspapers published in the City of Philadelphia, Commonwealth of Pennsylvania, in The New York Times and the Wall Street Journal, newspapers published in the City of New York, State of New York, and in the Chicago Tribune, a newspaper published in the City of Chicago, Commonwealth of Illinois, of a hearing to be held on July 31, 1973 at 10:00 A.M., in Court Room No. 1 of this Court in the United States Court House, Ninth and Market Streets, Philadelphia, Pennsylvania, at which hearing or any adjournment thereof this Court will appoint one or more trustees of the Secondary Debtor's property, which trustees may be the same as the persons now or hereafter serving as Trustees of the property of PCTC. The notice of such hearing shall be substantially in the form of the notice appended hereto as Exhibit A.
13. This Court reserves the full right and jurisdiction to make from time to time such Orders as the Court shall deem proper amending or supplementing this order, or which are within its powers under the Acts of Congress relating to bankruptcy.
Notice to all creditors and stockholders of United New Jersey Railroad and Canal Company
Pursuant to an Order entered July 14, 1973, by the District Court of the United States for the Eastern District of Pennsylvania, notice is hereby given that a hearing will be held on -, at 10:00 A.M., before that Court in Court Room No. -, in the United States Court House, Ninth and Market Streets, in the City of Philadelphia, Pennsylvania, at which hearing or any adjournment thereof that Court will, pursuant to the provisions of Section 77 of the Bankruptcy Act (11 U.S.C. Sec 205) relating to bankruptcy, appoint one or more trustees of the property of United New Jersey Railroad and Canal Company, which trustees may be the same as the persons now or hereafter serving as Trustees of the property of the Penn Central Transportation Company, Debtor.
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