Southern Railway Co. v. Carnegie Steel Co.
Supreme Court of the United States
CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE FOURTH CIRCUIT. This case is here upon a writ of certiorari for the review of a final decree of the United States Circuit Court of Appeals for the Fourth Circuit allowing certain claims of the Carnegie Steel Company, Limited, as preferential debts chargeable upon current receipts arising from the operation of certain railroad properties in the hands of receivers.
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CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE FOURTH CIRCUIT. This case is here upon a writ of certiorari for the review of a final decree of the United States Circuit Court of Appeals for the Fourth Circuit allowing certain claims of the Carnegie Steel Company, Limited, as preferential debts chargeable upon current receipts arising from the operation of certain railroad properties in the hands of receivers. On the 15th day of June, 1892, William P. Clyde, John C. Maben and William H. Groadby, citizens of New York, suing for themselves and other creditors and stockholders of the Eichmond…
1Opinion of the CourtJustice Harlan
It appears from the above statement that the property in the hands of the receivers in the Clyde or insolvency suit was surrendered to the receivers in the foreclosure suit under ah order that expressly reserved power in the court to adjudge and decree in the Clyde suit upon the rights of creditors asserting claims against the property of the railroad company or its income in preference to mortgage debts. Resides, the decree of sale provided that the purchaser or purchasers, or his or their assigns, under any decretal sale should, as a part of the consideration, in addition to any sum bid,…
2Cases cited10 opinions
- Fosdick v. SchallSupreme Court of the United States · 1879
- Kneeland v. American Loan & Trust Co.Supreme Court of the United States · 1890
- Thomas v. Western Car Co.Supreme Court of the United States · 1893
- Burnham v. BowenSupreme Court of the United States · 1884
- Sage v. Memphis & Little Rock RailroadSupreme Court of the United States · 1888
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3Cited by103 opinions
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- Gregg v. Metropolitan Trust Co.Supreme Court of the United States · 1905
- Bowen v. HockleyCourt of Appeals for the Fourth Circuit · 1934
- Atlantic Trust Co. v. DanaCourt of Appeals for the Eighth Circuit · 1903
- Illinois Trust & Savings Bank v. DoudCourt of Appeals for the Eighth Circuit · 1900
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