New York Trust Co. v. Bermuda-Atlantic S. S. Co.
District Court, S.D. New York
In Equity. Suits by the New York Trust Company, trustee, against the Bermuda-Atlantic Steamship Company, Limited, and by Charles A. Bruce and others against the Bermuda-Atlantic Steamship Company. On exceptions to report of special master.
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In Equity. Suits by the New York Trust Company, trustee, against the Bermuda-Atlantic Steamship Company, Limited, and by Charles A. Bruce and others against the Bermuda-Atlantic Steamship Company. On exceptions to report of special master. The following is the report of the special master: I. These proceedings in equity grew out of the filing of bills of complaint, June 8, 1912, one by the New York Trust Company, as trustee, to foreclose a mortgage upon the steamship Oceana made by Bermuda-Atlantic Steamship Company, Limited, a corporation organized and existing under the laws of Canada (and…
1Opinion of the Court
HAND, District Judge.
[1] The Canada Company was organized, as all agree, only to hold the title to the Oceana so- as to avoid the laws of the United States. Not only was there no independent interest outstanding, but the complete actual management of the vessel and of the Canada Company was in the hands of the'New York Company. The Canada Company never did anything, or was meant to do anything, except hold the title to the vessel, give the mortgage and charter, and get the registry; it carried on no subsequent business thereafter, and its directors were mere dummies directed by the New York…
2Cases cited7 opinions
- Pittsburgh, Cincinnati & St. Louis Railway Co. v. Keokuk & Hamilton Bridge Co.Supreme Court of the United States · 1889
- United States v. Union Stock Yard & Transit Co. of ChicagoSupreme Court of the United States · 1912
- The St. Jago De Cuba. Vinente, and OthersSupreme Court of the United States · 1824
- The ValenciaSupreme Court of the United States · 1897
- The KateSupreme Court of the United States · 1896
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3Cited by11 opinions
- The YankeeCourt of Appeals for the Third Circuit · 1916
- Schilling v. A/S D/S DannebrogCourt of Appeals for the Second Circuit · 1963
- The Dredge A.District Court, E.D. North Carolina · 1914
- The OceanaDistrict Court, E.D. New York · 1916
- The Cora P. WhiteDistrict Court, D. New Jersey · 1917
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