Central Trust Co. of New York v. Chattanooga, R. & C. R.
U.S. Circuit Court for the Northern District of Georgia
On May 5, 1891, the Chattanooga, Rome & Columbus Railroad Company was sold to the Savannah & Western Railroad Company. At that time all the stock of the Savannah & Western Railroad Company belonged to the Central Railroad Company, which was in possession, operation, and control of the Savannah & Western, as its property, and so took and operated the Chattanooga, Rome & Columbus Railroad thereafter as a part of the Savannah & Western Railroad.
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On May 5, 1891, the Chattanooga, Rome & Columbus Railroad Company was sold to the Savannah & Western Railroad Company. At that time all the stock of the Savannah & Western Railroad Company belonged to the Central Railroad Company, which was in possession, operation, and control of the Savannah & Western, as its property, and so took and operated the Chattanooga, Rome & Columbus Railroad thereafter as a part of the Savannah & Western Railroad. On March 3, 1892, RoAvena M. Clark filed an original bill in the circuit court of the United States for the eastern' division of the southern district…
1Opinion of the CourtNewman, District Judge
(after stating the facts as above). From the above statement of facts, it will bo seen that the Chattanooga, Rome & Columbus Railroad has been in the continuous and uninterrupted possession and has been controlled and operated by receivers of the federal court since (.lie appointment of the re-ceivin' in the case of Rowena M. Clark against the Central Railroad & Banking Company, March 3, 1892. The suit; of the Central Trust; Company against, the Chattanooga, Rome & Columbus Railroad, under which Jones holds as receiver, was brought to foreclose» a mortgage securing $2,090,000 of bonds. It is…
2Cases cited3 opinions
- East Tennessee, V. & G. R. Co. v. Atlanta & F. R. Co.U.S. Circuit Court for the Southern District of Georgia · 1892
- Wilmer v. Atlanta & R. Airline Ry. Co.U.S. Circuit Court for the Northern District of Georgia · 1875
- Central Railroad & Banking Co. of Georgia v. Farmers' Loan & Trust Co. of New YorkU.S. Circuit Court for the Southern District of Georgia · 1893
3Cited by1 opinion
- Jones v. SchlapbackU.S. Circuit Court for the Northern District of Georgia · 1896