United States v. Louisville & N. R.

The plaintiff 1ms sued the defendant to recover certain taxes which it is alleged are due upon the interest paid on certain coupon mortgage bonds issued by the Memphis & Ohio Railroad Company. These bonds are alleged to have amounted to 8732,000, and were held by the Louisville & Nashville Railroad Company, and were paid by said company in an arrangement made October 9, 1872, by which, among other things, the two railroad companies wore consolidated, and the Louisville & Nashville Railroad Company assumed to pay all the indebtedness of tire Memphis & Ohio Railroad Company, and did, as of that…