Toledo, Saginaw & Muskegon Railway Co. v. Peters
Michigan Supreme Court
Appeal from Wayne; Mandell, J. Bill by the Toledo, Saginaw & Muskegon Railway Company against Charles Peters for an injunction to restrain an action at law on a negotiable instrument. From a decree for complainant, defendant appeals.
1Opinion of the CourtMoore, J.
This bill was filed to enjoin the prosecution of a suit brought to recover upon seven interest coupons amounting to $225, which coupons were attached to a railroad bond for $1,000. Said suit was commenced in April, 1908. From a decree in favor of the complainant, the case is brought here by appeal.
Stated in the narrative form, the averments of the bill are, in substance, that in November, 1886, the complainant issued 1,600 bonds of $1,000 each, secured by mortgage, said bonds bearing 6 per cent, interest, payable semi-annually, the interest payments being evidenced by coupons, said bonds…
2Cases cited5 opinions
- Walnut v. WadeSupreme Court of the United States · 1881
- Hovey v. SebringMichigan Supreme Court · 1872
- Massachusetts National Bank v. SnowMassachusetts Supreme Judicial Court · 1905
- Ottawa v. National BankSupreme Court of the United States · 1882
- Hogan v. DreifusMichigan Supreme Court · 1899
3Cited by2 opinions
- Merchants National Bank v. Detroit Trust Co.Michigan Supreme Court · 1932
- City of Adrian v. Whitney Central National BankMichigan Supreme Court · 1914