Investment Registry, Ltd. v. Chicago & M. E. R.
Court of Appeals for the Seventh Circuit
Appeal from the District Court of the United States for the Eastern Division of the Northern District of Illinois. Suit in equity by the Investment Registry, Limited, against the Chicago & Milwaukee Electric Railroad Company and others. George M. Reynolds, Ernest A. Hamill, W. E. Stavert, George A. Somerville, Miller Lash, and others appeal from an order sustaining objections of Matilda W. Moses, and vacating a sale of the property of defencb ant railroad company.
Read the full summary
Appeal from the District Court of the United States for the Eastern Division of the Northern District of Illinois. Suit in equity by the Investment Registry, Limited, against the Chicago & Milwaukee Electric Railroad Company and others. George M. Reynolds, Ernest A. Hamill, W. E. Stavert, George A. Somerville, Miller Lash, and others appeal from an order sustaining objections of Matilda W. Moses, and vacating a sale of the property of defencb ant railroad company. This is an appeal by the Reorganization Committee, which was the sole bidder and became the purchaser at the foreclosure sale of…
1Opinion of the CourtBaker, Circuit Judge
(after stating the facts as above). Appellee has moved that the appeal be dismissed on the grounds: (1) That the decree is not final, and (2) that appellants by offering to meet Griffiths’ bid released the alleged errors.
[1] A decree setting aside a sale on foreclosure and ordering a resale confessedly does not end the case. That continues with all the. parties in that were in before the sale. But- the bidder at the sale becomes a new party; the acceptance of his bid gives him the rights of a purchaser unless legal objections to confirmation can be shown; and the decree which puts him out of…
2Cases cited8 opinions
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- McLish v. RoffSupreme Court of the United States · 1891
- Doyle v. London Guarantee & Accident Co.Supreme Court of the United States · 1907
- Ballentyne v. SmithSupreme Court of the United States · 1907
- Starkweather v. JennerSupreme Court of the United States · 1910
3 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Phelan v. Middle States Oil CorporationCourt of Appeals for the Second Circuit · 1946
- In Re Central Funding CorporationCourt of Appeals for the Second Circuit · 1935
- Guaranty Trust Co. of New York v. Chicago, M & St. P. RY. Co.District Court, N.D. Illinois · 1926
- Bovay v. TownsendCourt of Appeals for the Eighth Circuit · 1935
- Levin v. BaumCourt of Appeals for the Seventh Circuit · 1975
18 more not listed; retrieve them via the Exa API.