Provident Life & Trust Co. of Philadelphia v. Camden & T. Ry. Co.
Court of Appeals for the Third Circuit
Appeal from the Circuit Court of the United States for the District of New Jersey. Action by the Provident Life & Trust Company of Philadelphia, trustee, against the Camden & Trenton Railway Company and others. From a decree of foreclosure and sale, defendant Daniel Killion appeals.
1Opinion of the Court
CROSS, District Judge.
The Camden & Trenton Railway Company-executed two mortgages to the Provident Life & Trust Company of Philadelphia as trustee. The first, dated November 1, 1899, was made to secure an issue of 750,000 bonds, and the second, July 2, 1901, to secure an issue of 1,750,000. Bonds to the amount of $710,000 were certified and are outstanding under the first mortgage and under the second (a general mortgage) to the amount of $622,500. Default was made in the payment of the coupons due November 1, 1907, on the first mortgage, and of those due January 1, 1908, on the second mort*856gag…
2Cases cited36 opinions
- Frow v. De La VegaSupreme Court of the United States · 1872
- Topliff v. TopliffSupreme Court of the United States · 1892
- Thomson v. WoosterSupreme Court of the United States · 1885
- Smith v. WhitneySupreme Court of the United States · 1886
- Brine v. Insurance Co.Supreme Court of the United States · 1878
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3Cited by9 opinions
- Central Improvement Co. v. Cambria Steel Co.Court of Appeals for the Eighth Circuit · 1913
- Palmer v. Bankers' Trust Co.Court of Appeals for the Eighth Circuit · 1926
- Bethlehem Steel Co. v. International Combustion Engineering Corp.Court of Appeals for the Second Circuit · 1933
- Babcock v. NortonCourt of Appeals for the Second Circuit · 1924
- Plimpton v. Mattakeunk Cabin Colony, Inc.District Court, D. Connecticut · 1934
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