Gilfillan v. Union Canal Co. of Pa.
Supreme Court of the United States
IN ERROR. TO THE SUPREME COURT OE THE STATE OE PENNSYLVANIA. Suit to recover interest on coupons of mortgage bonds. Judgment in the State court for the defendants. The facts and the alleged causes of error are stated in the opinion of the court.
1Opinion of the Court
Me. Chief Justice. Waite
delivered the opinion of the court.
The Union Canal Company of Pennsylvania, a corporation of the State of Pennsylvania, issued, in 1853, a series of bonds for the payment of money, amounting in the aggregate to $2,500,000, with coupons for semi-annual interest attached. These bonds and coupons were secured by a mortgage to trustees on the property of the company.
Prior to 1862 the company became pecuniarily embarrassed,' and a plan was devised by parties in interest for the settlement of its affairs and liabilities, by which the entire indebtedness, whether secured or…
2Cases cited2 opinions
- Terry v. AndersonSupreme Court of the United States · 1877
- Jackson v. LamphireSupreme Court of the United States · 1830
3Cited by35 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Sveen v. MelinSupreme Court of the United States · 2018
- Sturges v. CarterSupreme Court of the United States · 1885
- In Re Central Funding CorporationCourt of Appeals for the Second Circuit · 1935
- Detroit Trust Co. v. Stormfeltz-Loveley Co.Michigan Supreme Court · 1932
30 more not listed; retrieve them via the Exa API.