Legal Opinion
J. L. Hudson Co. v. Thomas
District Court, E.D. Michigan
Decided May 24, 1934No. Nos. 6107, 6108PublishedCited by 5 opinions
1Opinion of the Court
LINDLEY, District Judge.
These two cases grow out of similar facts and the issues are substantially the same. Consequently the court disposes of both in one memorandum.
Plaintiff issued its serial 5 per cent, notes to- the extent of $10',009,000'. Simultaneously it executed an indenture by virtue of which certain rights and obligations were imposed upon the trustee therein named for the note-holders. Action to recover upon the notes, prior to their maturity, in case of default, was thereby vested in the trustee, unless after such default and demand upon the trustee 'for action by it made by…
2Cases cited5 opinions
- Morgan v. United StatesSupreme Court of the United States · 1885
- Thompson v. Union Trust Co.Michigan Supreme Court · 1902
- Searle v. CramptonSupreme Court of Connecticut · 1934
- Gray v. School Dist. of Borough of BrownsvilleCourt of Appeals for the Third Circuit · 1933
- State, Ex Rel. Gray v. AlwardOhio Court of Appeals · 1933
3Cited by5 opinions
- Bryce v. National City Bank of New RochelleDistrict Court, S.D. New York · 1937
- First Nat. Bank of Indianola v. MaloneCourt of Appeals for the Eighth Circuit · 1935
- Commissioners of Sinking Fund v. AndersonDistrict Court, W.D. Kentucky · 1937
- Brown v. RosenbaumNew York Supreme Court · 1940
- Jennings v. Gary State BankCourt of Appeals for the Seventh Circuit · 1934