Legal Opinion

Gaylord v. Ft. Wayne, M. & C. R.

U.S. Circuit Court for the District of Indiana

Decided February 15, 1875PublishedCited by 26 opinions

[This was a bill In equity by Thomas G. Gaylord and others against the Ft. Wayne, Muneie & Cincinnati Railroad Company.]

1Opinion of the Court

DRUMMOND, Circuit Judge.

By the act of June 16, 1S52, of this state [1 Rev. St. Ind. p. 242, § 16], it was provided that whenever a judgment was recovered against a corporation other than banking, and it remained unpaid for the space of a year after the rendition thereof, and execution was not stayed by appeal or supersedeas, the proper court should have power to declare the franchise of the corporation forfeited, and to appoint a receiver, who was to reduce the assets of such corporation to possession, and pay the debts of the same.

The plaintiffs in this case, having recovered a judgment…

2Cited by26 opinions

  1. Moran v. SturgesSupreme Court of the United States · 1894
  2. Shields v. ColemanSupreme Court of the United States · 1895
  3. Sharon v. TerryU.S. Circuit Court for the District of Northern California · 1888
  4. Texas Trunk Ry. Co. v. Lewis, SheriffTexas Supreme Court · 1891
  5. Ewing v. MallisonSupreme Court of Kansas · 1902

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