Legal Opinion

Farmers' Loan & Trust Co. v. Iowa Water Co.

U.S. Circuit Court for the Southern District of Iowa

Decided February 1, 1897No. 195PublishedCited by 14 opinions

On Exceptions to Report of Special Master. The Iowa Water Company (hereinafter spoken of as the “Water Company”), a corporal ion organized under the laws of the state of Iowa, upon April 15, 1887, executed its bonds, secured by trust deed wherein complainant, a corporation organized under the laws of the state of New York, is named as trustee, to the face value of ⅜!400,()0(). The property described in the trust deed included the franchises, rights (real and personal), and…

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On Exceptions to Report of Special Master. The Iowa Water Company (hereinafter spoken of as the “Water Company”), a corporal ion organized under the laws of the state of Iowa, upon April 15, 1887, executed its bonds, secured by trust deed wherein complainant, a corporation organized under the laws of the state of New York, is named as trustee, to the face value of ⅜!400,()0(). The property described in the trust deed included the franchises, rights (real and personal), and all other property at the date of said deed owned by said water company, as well as that which should be’thereafter…

1Opinion of the Court

WOOLSON, District Judge.

The master’s report is specific and complete on the matters referred to him. So far as it relates to the exceptions filed against it by the waterworks company, Judge Babb’s report, in its finding of facts, is as follows:

“This company intervenes for 93 coupons, of thirty dollars each, all of which matured on the 1st day of April, 1891, and which were cut from the following bonds of the Iowa Water Company, to wit [describing them]. That said intervener claims payment of said coupons, with interest thereon from April 1, 1891, alleging that these coupons were purchased,…

2Cases cited15 opinions

  1. Brine v. Insurance Co.Supreme Court of the United States · 1878
  2. Hammock v. Loan & Trust Co.Supreme Court of the United States · 1882
  3. Wood v. Guarantee Trust and Safe Deposit Co.Supreme Court of the United States · 1888
  4. Ketchum v. DuncanSupreme Court of the United States · 1878
  5. Gue v. Tide Water Canal Co.Supreme Court of the United States · 1861

10 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Title Insurance & Trust Co. v. California Development Co.California Supreme Court · 1915
  2. Continental & Commercial Trust & Savings Bank v. Corey Bros. Const. Co.Court of Appeals for the Ninth Circuit · 1913
  3. New York Security & Trust Co. v. Louisville, E. & St. L. Consol. R.U.S. Circuit Court for the District of Indiana · 1900
  4. Pacific Northwest Packing Co. v. AllenCourt of Appeals for the Ninth Circuit · 1902
  5. Venner v. Farmers' Loan & Trust Co.Court of Appeals for the Sixth Circuit · 1898

9 more not listed; retrieve them via the Exa API.

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