Farmers' Loan & Trust Co. v. American Waterworks Co.
U.S. Circuit Court for the District of Nebraska
In Equity. Suit for foreclosure of a mortgage against a water company. On petition of the Holly Manufacturing Company, intervener.
1Opinion of the Court
SANBORN, Circuit Judge.
On July 1, 1887, the American Waterworks Company of Illinois, a corporation, mortgaged its plant in the city of Omaha, including all the property it then had or might thereafter acquire, and all its water rents and income then or thereafter accruing, to the Farmers’ Loan & Trust Company of New York, to secure the payment of bonds to the amount of $4,000,000, of which $3,600,000 have been issued. It appears from the face of this mortgage that the waterworks company then contemplated large and extensive improvements, additions, and enlargements of its works and plant,…
2Cases cited18 opinions
- Fosdick v. SchallSupreme Court of the United States · 1879
- Kneeland v. American Loan & Trust Co.Supreme Court of the United States · 1890
- Union Trust Co. v. Illinois Midland Railway Co.Supreme Court of the United States · 1886
- Thomas v. Western Car Co.Supreme Court of the United States · 1893
- Miltenberger v. Logansport Railway Co.Supreme Court of the United States · 1882
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3Cited by4 opinions
- Cumberland Trust Co. v. BartCourt of Appeals of Tennessee · 1932
- In re New York State Rys.District Court, N.D. New York · 1936
- Ayala v. State of NevadaDistrict Court, D. Nevada · 2020
- Illinois Trust & Savings Bank v. DoudCourt of Appeals for the Eighth Circuit · 1900