New York Trust Co. v. Michigan Traction Co.
District Court, W.D. Michigan
In Equity. Bill by the New York Trust Company against the Michigan Traction Company and another.
1Opinion of the Court
SESSIONS, District Judge.
The facts in this case have been stipulated and are not in controversy. The defendant Michigan Traction Company formerly owned and operated an electric railway in and between the cities of Kalamazoo and Battle Creek, in this state. On January 1, 1901, the Michigan Traction Company duly executed, acknowledged, and delivered to the Investment Trust Company of Philadelphia, as trustee, a first mortgage to secure an issue of bonds of the par or face value of $700,000, dated January 1, 1901, and payable on or before January 1, 1921, with interest from date until paid at…
2Cases cited15 opinions
- Freedman's Saving & Trust Co. v. ShepherdSupreme Court of the United States · 1888
- United States Trust Co. v. Wabash Western Railway Co.Supreme Court of the United States · 1893
- Guaranty Trust and Safe Deposit Co. v. Green Cove Springs and Melrose RailroadSupreme Court of the United States · 1891
- Gilman v. Illinois and Mississippi Telegraph Company. Coykendall, Garnishee v. IdemSupreme Court of the United States · 1876
- Sage v. Memphis & Little Rock RailroadSupreme Court of the United States · 1888
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3Cited by7 opinions
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- Chase Nat. Bank of City of New York v. Citizens Gas Co. of IndianapolisCourt of Appeals for the Seventh Circuit · 1940
- Poage v. Co-Operative Publishing Co.Idaho Supreme Court · 1937
- Newlander v. Riverview Realty Co.Wisconsin Supreme Court · 1941
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