Potomac Man'f'g Co. v. Evans
Supreme Court of Virginia
Appeal from decree of circuit court of city of Alexandria, rendered September 7th, 1887, in the suit wherein the appellees, R. D. Evans and others' were complainants, and the appellants, the Potomac Manufacturing Company, the Virginia Iron Ship-building Company, and Charles E. Moody, trustee, were defendants.
1Opinion of the Court
Lewis, P.,
delivered the opinion of the court.
This suit was commenced in November, 1886, to enforce a deed of trust executed by the Potomac Manufacturing Company to secure the payment of certain coupon bonds and the coupons thereto attached of the said company. There was a demurrer to the bill, which raises the question whether or not, upon the. allegations of the bill, the contingency has arisen upon which the holders of the aforesaid bonds and coupons are entitled to a sale of the property conveyed by the deed. The appellants, who were defendants in the court below, deny that it has. In…
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