Legal Opinion
Drascovich v. Equitable Trust Co., of New York
Court of Appeals for the Ninth Circuit
Decided February 2, 1925No. 4267PublishedCited by 7 opinions
1Opinion of the Court
MORROW, Circuit Judge.
On June 28, 1916, all the property of the Western Pacific Railway Company was sold at a foreclosure sale under a first mortgage securing first mortgage 5 per cent. 30-year gold bonds of the Company in the sum of $50,-000,000. The minimum price at which the property could be sold was fixed by the decree at $18,000,000. Francis Krull was appointed special master, to make the sale, receive the proceeds thereof, and apply such proceeds in accord with the terms of the decree and order of the court supplementary thereto.
On August 29, 1916, and September 6, 1916, orders were…
2Cases cited3 opinions
- American Loan & Trust Co. v. Grand Rivers Co.U.S. Circuit Court for the District of Western Kentucky · 1908
- Brown v. Pennsylvania Canal Co.Court of Appeals for the Third Circuit · 1922
- Brown v. Pennsylvania Canal Co.District Court, E.D. Pennsylvania · 1921
3Cited by7 opinions
- Seaboard Nat. Bank v. Rogers Milk Products Co.Court of Appeals for the Second Circuit · 1927
- State v. Fidelity Union Trust Co.Supreme Court of New Jersey · 1957
- United States v. CochraneCourt of Appeals for the Fifth Circuit · 1936
- Mayer v. Chase National BankDistrict Court, S.D. New York · 1955
- Mayer v. Chase National BankCourt of Appeals for the Second Circuit · 1956
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