In re Hudson River Water Power Co.
District Court, N.D. New York
In Bankruptcy. This is a motion on order to show cause why the above alleged bankrupt, Hudson River Water Power Company, and all the persons and property occupying the position of surety or security in the premises should not be relieved from the further performance of an order of this court, made July 19, 1905, as subsequently modified by stipulation and order, and also why all cash and bonds now in the hands of the special trustee or trust company pursuant to the said…
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In Bankruptcy. This is a motion on order to show cause why the above alleged bankrupt, Hudson River Water Power Company, and all the persons and property occupying the position of surety or security in the premises should not be relieved from the further performance of an order of this court, made July 19, 1905, as subsequently modified by stipulation and order, and also why all cash and bonds now in the hands of the special trustee or trust company pursuant to the said order of this court, and the stipulation and agreement upon which same was made, should not be paid over and delivered up to…
1Opinion of the Court
RAY, District Judge.
Prior to the filing of the petition in bankruptcy, the National Contracting Company, the main petitioning creditor, éntered into a written contract with the Hudson River Water Power Company whereby it agreed to construct for the latter company a masonry dam across the Hudson river at a designated point in consideration of certain compensation to be paid from time to time, and which was to be ascertained in certain ways with certain named prices for work as a basis'.
The contracting company entered on the performance of the contract, and in all respects complied with its…
2Cited by1 opinion
- Gay v. Hudson River Electric Power Co.U.S. Circuit Court for the District of Northern New York · 1911