Meisel v. Central Trust Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendant, Central Trust Company of New York, from an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 6th day of March, .1917, overruling a demurrer to the complaint.
1Opinion of the Court
Scott, J.:
In the year 1902 the Chicago, Rock Island and Pacific Railroad Company issued its bonds to the extent of $71,353,000, and to secure the same executed a deed of trust to defendant as trustee of all of the shares of the capital stock of the Chicago, Rock Island and Pacific Railway Company then-owned by said" railroad company and amounting at their par value to *797$71,353,500. The shares were thus delivered in trust for the common and equal use, benefit and security of all holders of the aforesaid bonds designed to be secured by said stock.
Of these bonds the plaintiff, at the time of the…
2Cases cited4 opinions
- Fogg v. BlairSupreme Court of the United States · 1891
- Colorado & Southern Railway Co. v. BlairNew York Court of Appeals · 1915
- Butterfield v. . CowingNew York Court of Appeals · 1889
- Kent v. Lake Superior Ship Canal, Railway & Iron Co.Supreme Court of the United States · 1892
3Cited by6 opinions
- Gerdes v. ReynoldsNew York Court of Appeals · 1939
- In re the Estate of BalfeNew York Surrogate's Court · 1934
- Davis v. CohnAppellate Division of the Supreme Court of the State of New York · 1940
- Katz v. Manhattan General, Inc.Appellate Division of the Supreme Court of the State of New York · 1956
- Margulies v. Manufacturers Trust Co.Appellate Terms of the Supreme Court of New York · 1933
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