Legal Opinion

Jackson & Sharp Co. v. Pearson

U.S. Circuit Court for the District of Kentucky

Decided May 31, 1892PublishedCited by 5 opinions

'At Law. Action by the Jackson & Sharp Company against Isaac Pearson, trustee, to recover possession of certain bonds of Mercer county, Ky., issued to pay a subscription by the county to the capital stock of the Louisville Southern Railroad Company, and deposited with defendant, to be held by him until certain conditions were complied with by said company. Defendant demurs to the petition. In Equity.

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'At Law. Action by the Jackson & Sharp Company against Isaac Pearson, trustee, to recover possession of certain bonds of Mercer county, Ky., issued to pay a subscription by the county to the capital stock of the Louisville Southern Railroad Company, and deposited with defendant, to be held by him until certain conditions were complied with by said company. Defendant demurs to the petition. In Equity. Suit brought in a court of the state of Kentucky by said Isaac Pearson, trustee, against said Louisville Southern Railroad Company and said Mercer county, to compel them to inter-plead, and have…

1Opinion of the Court

BABB, District Judge.

The first-named case is submitted on demurrer to the petition, and the second on motion to remand to the state court. Both the demurrer and motion to remand raise the question of the jurisdiction of this court oyer the same matter, and will be disposed of together.

It appears from the petition in the first case, which was filed in this court October 31, 1891, that Mercer county subscribed $125,000 to the capital stock of the Louisville Southern Bailroad Company, and was to pay for it by 5 per cent, qoupon bonds of the county. This subscription was made upon certain named…

2Cases cited27 opinions

  1. Sheldon v. SillSupreme Court of the United States · 1850
  2. Barney v. LathamSupreme Court of the United States · 1881
  3. In Re Pennsylvania Co.Supreme Court of the United States · 1890
  4. Metcalf v. WatertownSupreme Court of the United States · 1888
  5. King Bridge Co. v. Otoe CountySupreme Court of the United States · 1887

22 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Goldman v. Furness, Withy & Co.District Court, S.D. New York · 1900
  2. Bradley v. Halliburton Oil Well Cementing Co.District Court, E.D. Oklahoma · 1951
  3. Holland v. CofieldSupreme Court of Oklahoma · 1910
  4. Coler v. Grainger CountyCourt of Appeals for the Sixth Circuit · 1896
  5. Bonner v. MeikleU.S. Circuit Court for the District of Nevada · 1896

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