Legal Opinion
Edward S. Watts v. Missouri-Kansas-Texas Railroad Company
Court of Appeals for the Fifth Circuit
Decided September 20, 1967No. 23608PublishedCited by 9 opinions
1Opinion of the Court
GOLDBERG, Circuit Judge.
This is a class action brought by eight individuals and a corporation 1 (the Holders), who hold 5y2% subordinated income debentures due January 1, 2033, on behalf of all other holders, against the Missouri-Kansas-Texas Railroad (Katy). 2 The Debenture is an unconditional promise to pay 5y2% interest out of income as defined in Article 2 of the Indenture, dated January 1, 1958, made and entered into between the Katy and the New York Trust Company (now the Chemical Bank New York Trust Company) as trustee. 3 The Holders allege that the value of the outstanding debentures…
2Cases cited26 opinions
- United States v. Western Pacific RailroadSupreme Court of the United States · 1956
- Texas & Pacific Railway Co. v. Abilene Cotton Oil Co.Supreme Court of the United States · 1907
- Far East Conference v. United StatesSupreme Court of the United States · 1952
- Great Northern Railway Co. v. Merchants Elevator Co.Supreme Court of the United States · 1922
- Federal Communications Commission v. Sanders Bros. Radio StationSupreme Court of the United States · 1940
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3Cited by9 opinions
- Great Plains Trust Co. v. Union Pacific RailroadCourt of Appeals for the Eighth Circuit · 2007
- Mercury Motor Express, Inc. v. Norman C. BrinkeCourt of Appeals for the Fifth Circuit · 1973
- Mississippi Power & Light Company v. United Gas Pipe Line Company, State of Mississippi, Plaintiff-IntervenorCourt of Appeals for the Fifth Circuit · 1976
- Akanthos Capital Management, LLC v. Compucredit Holdings Corp.Court of Appeals for the Eleventh Circuit · 2012
- Envirodyne Industries, Inc. v. Connecticut Mutual Life Co. (In Re Envirodyne Industries, Inc.)United States Bankruptcy Court, N.D. Illinois · 1994
4 more not listed; retrieve them via the Exa API.