Tucker v. Ferguson
Supreme Court of the United States
Appeal from the Circuit Court for the Western District of Michigan. The Flint and Pere Marquette Railway Company was a railway corporation of Michigan, and the present suit was a bill in equity brought by Tucker et al., trustees for the holders of bonds issued by the said company, which bonds were secured by a mortgage and deed of trust executed by the company to them, the said Tucker et ah, as trustees, upon lands granted by Congress to the State of Michigan, and by that…
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Appeal from the Circuit Court for the Western District of Michigan. The Flint and Pere Marquette Railway Company was a railway corporation of Michigan, and the present suit was a bill in equity brought by Tucker et al., trustees for the holders of bonds issued by the said company, which bonds were secured by a mortgage and deed of trust executed by the company to them, the said Tucker et ah, as trustees, upon lands granted by Congress to the State of Michigan, and by that State granted, in a qualified way, to the company to aid in constructing a road which it was about to make: the object of…
1Opinion of the Court
Mr. Justice SWAYNE,
having referred to the statutes and recapitulated the facts bearing on the case, delivered the opinion of the court.
The appellants have assigned in this court various errors. *
We shall consider the several propositions which they state without specifically enumerating them.
The United States granted the lauds to the State for a specific purpose. That purpose was “to aid in the construction of railroads” upon the routes designated. The land was made “ subject to the disposal of the legislature for the purpose aforesaid, and no other.” Congress prescribed certain safeguards to…
2Cases cited3 opinions
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