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acquired additional after-acquired after-acquired property agreement amount applied approval argument authorized bondholders brief capitalization cash certificates charges claims Commission Company construction cost Court of Appeals covenant cover Credit creditors Debtor December deposited determination District Court earnings effect entire entitled equipment trust equity evidence exception Exhibit existing Extension fact fair filed findings fixed funds further gage Granting Clause held indenture interest Interstate Commerce issued June land language lease less lien limitation lines loan main brief ment Mort Mortgage Bonds necessary Northern California Extension notes operation opinion original parties payment petitioners portion present principal amount prior proceeding provisions purchase question railroad railway railway company reason Reconstruction Finance Corporation record referred Refunding Mortgage Trustee reorganization replace represented respect rolling stock Section 77 securities thereof tion United valuation Western Pacific Railroad