Legal Opinion

In re International Mahogany Co.

Court of Appeals for the Second Circuit

Decided May 22, 1906No. 278PublishedCited by 5 opinions

Petition for Revision of Proceedings of the District Court of the United States for the Southern District of New York in Bankruptcy. On petition to review order denying motion for order to enjoin directors of the bankrupt corporation from passing a resolution authorizing the Register of the Province of Puerto Principe, in the island of Cuba, to receive a certain mortgage made by the bankrupt corporation prior to its adjudication as a bankrupt.

1Opinion of the Court

TOWNSEND, Circuit Judge.

The International Mahogany Company, prior to its bankruptcy, on September 30, 1904, executed a mortgage on real estate, situated in the Province of Puerto Principe, in the island of Cuba, to the Knickerbocker Trust Company, as trustee, for an issue of bonds amounting to the par value of $1,-000,000. A portion of this issue has passed into the hands of divers individuals as purchasers for value, and the remaining bonds have been deposited with said Knickerbocker Trust Company as part collateral for a loan of $225,000, made to the Company by said Knickerbocker Trust…

2Cases cited4 opinions

  1. Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
  2. Hewit v. Berlin MacHine WorksSupreme Court of the United States · 1904
  3. In re New York Economical Printing Co.Court of Appeals for the Second Circuit · 1901
  4. The Asiatic PrinceCourt of Appeals for the Second Circuit · 1901

3Cited by5 opinions

  1. Guaranty Trust Co. of New York v. HannayCourt of Appeals for the Second Circuit · 1913
  2. Havana Electric R., L. & P. Co. v. CommissionerUnited States Board of Tax Appeals · 1934
  3. Dunlap v. United StatesUnited States Customs Court · 1955
  4. Maney v. Boise Title & Trust Co.Supreme Court of Oklahoma · 1928
  5. Havana Electric R., L. & P. Co. v. CommissionerUnited States Board of Tax Appeals · 1934

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