Legal Opinion
Mercantile Trust Co. v. Tennessee Cent. R.
Court of Appeals for the Sixth Circuit
Decided December 5, 1923No. 3876PublishedCited by 3 opinions
1Opinion of the Court
DONAHUE, Circuit Judge.
On May 21, 1921, the United States District Court for the Middle District of Tennessee entered a decree in a pending mortgage foreclosure proceeding, ordering the sale of all the property of the Tennessee Central Railroad Company, on June 30, 1921, and directing the special master making the sale to receive no bid less than $2,000,000. Section 21 of this decree further provided, in substance, that the purchaser at such sale would be required to pay as a part consideration, and in addition to the sum bid for the property, “any indebtedness, obligations, and liabilities,…
2Cases cited12 opinions
- Tullock v. MulvaneSupreme Court of the United States · 1902
- Dodge v. TulleysSupreme Court of the United States · 1892
- Bein v. HeathSupreme Court of the United States · 1852
- Osterberg v. Union Trust Co.Supreme Court of the United States · 1876
- St. Louis, Iron Mountain & Southern Railway v. VickersSupreme Court of the United States · 1887
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3Cited by3 opinions
- Van Huffel v. HarkelrodeSupreme Court of the United States · 1931
- Brown-Crummer Inv. Co. v. City of BurbankDistrict Court, S.D. California · 1936
- Franken Investments, Inc. v. City of FlintDistrict Court, E.D. Michigan · 2002