Pennsylvania Steel Co. v. New York City Ry. Co.
Court of Appeals for the Second Circuit
Appeal from the District Court of the United’ States for the’ Southern District of New York. Suit in equity by the Pennsylvania Steel Company and another, against the New.-York City Railway Company, the Metropolitan. Street Railway Company, and others. From an order (196 .Fed.., 661) apportioning a fund in the hands.q£ the receiver of .the New York City Railway Company, appeals^ were taken by. Adriap .II.
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Appeal from the District Court of the United’ States for the’ Southern District of New York. Suit in equity by the Pennsylvania Steel Company and another, against the New.-York City Railway Company, the Metropolitan. Street Railway Company, and others. From an order (196 .Fed.., 661) apportioning a fund in the hands.q£ the receiver of .the New York City Railway Company, appeals^ were taken by. Adriap .II. Joline and Douglas Robinson, receivers of the Metropolitan Company, John D. Crimmins and others, as a committee of contract creditors, Charles Benner and others, as a committee of tort…
1Opinion of the Court
WARD, Circuit Judge.
[1] The question in this proceeding is how certain moneys and notes in the hands of the receivers of the New York City Railway .Company, paid to them in settlement of a judgment in an action at law recovered against the Metropolitan Securities Company and of a suit in equity by the receivers of the City Company against the Securities Company and individual defendants, who were directors of both the City Company and the Securities Company, are to be apportioned between the two, accounts. The judgment in the action at law was for the unpaid balance of a sum of $8,000,000…
2Cases cited4 opinions
- Stephens v. Phœnix Bridge Co.Court of Appeals for the Second Circuit · 1905
- Metropolitan Securities Co. v. LaddCourt of Appeals for the Second Circuit · 1909
- Lilienthal v. CartwrightCourt of Appeals for the Ninth Circuit · 1909
- Farmers' Loan & Trust Co. v. WaterburyCourt of Appeals for the Second Circuit · 1911
3Cited by21 opinions
- Pennsylvania Steel Co. v. New York City Ry. Co.Court of Appeals for the Second Circuit · 1914
- In Re United Cigar Stores Co.Court of Appeals for the Second Circuit · 1934
- Merrell Soule Co. v. Powdered Milk Co. of AmericaCourt of Appeals for the Second Circuit · 1925
- Robertson v. MillerCourt of Appeals for the Second Circuit · 1922
- American Brake Shoe & Foundry Co. v. New York Rys. Co.District Court, S.D. New York · 1921
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