Connecticut Co. v. New York, New Haven & Hartford Railroad
Supreme Court of Connecticut
Suit to determine the validity of claims made by the holders of outstanding debentures issued by the Consolidated Railway Company, which were alleged by the plaintiff to constitute a cloud upon the title to its properties and to prevent it from raising funds by way of mortgage, brought to and reserved by the Superior Court in New Haven County, Warner, J., upon the facts stated in the pleadings, for the advice of this court.
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Suit to determine the validity of claims made by the holders of outstanding debentures issued by the Consolidated Railway Company, which were alleged by the plaintiff to constitute a cloud upon the title to its properties and to prevent it from raising funds by way of mortgage, brought to and reserved by the Superior Court in New Haven County, Warner, J., upon the facts stated in the pleadings, for the advice of this court. The Thompson Tramway Company was chartered by the General Assembly of this State in April, 1901. In January, 1902, its corporate name was changed to the Worcester and…
1Opinion of the CourtGager, J.
Upon five different dates between July 1st, 1904, and January 1st, 1906, the Consolidated Railway Company, then the owner of certain street-railway properties and franchises now owned by the plaintiff, issued its coupon debentures to a large amount, now outstanding and not yet due. By one clause contained in them the company agreed that if it should thereafter mortgage the whole or any part of the property and franchises owned by it on a designated date, being the date which the issue bore, except to renew existing mortgages, the debentures and indebtedness evidenced thereby should…
2Cases cited11 opinions
- Southern Pacific Terminal Co. v. Interstate Commerce CommissionSupreme Court of the United States · 1911
- Walker v. BrownSupreme Court of the United States · 1897
- Runkle v. BurnhamSupreme Court of the United States · 1894
- In re Watertown Paper Co.Court of Appeals for the Second Circuit · 1909
- Westall v. WoodMassachusetts Supreme Judicial Court · 1912
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3Cited by21 opinions
- Yanow v. Teal Industries, Inc.Supreme Court of Connecticut · 1979
- Zaist v. OlsonSupreme Court of Connecticut · 1967
- Artman v. ArtmanSupreme Court of Connecticut · 1930
- New Haven Metal & Heating Supply Co. v. DanaherSupreme Court of Connecticut · 1941
- Hansel v. Hartford-Connecticut Trust Co.Supreme Court of Connecticut · 1946
16 more not listed; retrieve them via the Exa API.