Richards v. Chesapeake & O. R.
U.S. Circuit Court for the District of Eastern Virginia
In equity. The Chesapeake and Ohio Railroad Company, a consolidated company, the component parts of which were the Virginia Central Railroad Company, the Blue-Ridge Railroad Company, and the Coving-ton and Ohio Railroad Company, became insolvent. There are secured and unsecured creditors of the road.
Read the full summary
In equity. The Chesapeake and Ohio Railroad Company, a consolidated company, the component parts of which were the Virginia Central Railroad Company, the Blue-Ridge Railroad Company, and the Coving-ton and Ohio Railroad Company, became insolvent. There are secured and unsecured creditors of the road. The secured debts are: A mortgage, dated April 1st, 1850, of the-Virginia Central Railroad Company of all its property, to the board of public works-of Virginia for $100,000, to secure the payment of certain bonds of the company which are due and unpaid. A mortgage, dated June 2d, 1854, to James…
1Opinion of the Court
BOND, Circuit Judge.
On the 4th day of October, 1875, the complainants filed their bill in this court, in behalf of themselves and all others in like interest, alleging that they were the holders of certain of the six per cent, ■coupon bonds issued by the defendant, to the extent of $15,000,000, for the completion of their road from Richmond to' the Ohio river; that the payment of these bonds, and the interest thereon accruing, was secured by what was claimed to be the first mortgage on said road, which mortgage was duly executed by defendant on the 15th day of January, 1870, and conveyed to…
2Cited by5 opinions
- Toler v. East Tennessee, V. & G. Ry. Co.U.S. Circuit Court for the District of Eastern Tennessee · 1894
- Jones v. McPhillipsSupreme Court of Alabama · 1886
- Bowling Green Trust Co. v. Virginia Passenger & Power Co.U.S. Circuit Court for the District of Eastern Virginia · 1904
- Clyde v. Richmond & D. R.U.S. Circuit Court for the District of Eastern Virginia · 1893
- Taylor v. Life Ass'nUnited States Circuit Court · 1880