Central Trust Co. v. Third Ave. R. R.
U.S. Circuit Court for the District of Southern New York
In Equity. On application for adjustment of certain claims presented by and against receivers for the respective companies.
1Opinion of the Court
LACOMBE, Circuit Judge.
The first claim to be considered is presented by the receiver of the Third Avenue Railroad.
That road was taken, possession of by the Metropolitan Company under lease dated April 13, 1900, and subsequently came into possession of the New York City Company, as sublessee, under a lease from the Metropolitan dated February 14, 1902. Upon default in payment of stipulated rental — in the shape of interest due on mortgage bonds of the Third Avenue which lessee covenanted to pay — the mortgage trustee began suit to foreclose, and the receiver therein took possession of that…
2Cases cited6 opinions
- United States Trust Co. v. Wabash Western Railway Co.Supreme Court of the United States · 1893
- Quincy, Missouri & Pacific Railroad v. HumphreysSupreme Court of the United States · 1892
- Jahn v. Champagne Lumber Co.U.S. Circuit Court for the District of Western Wisconsin · 1908
- Morton Trust Co. v. Metropolitan St. Ry. Co.U.S. Circuit Court for the District of Southern New York · 1908
- Pennsylvania Steel Co. v. New York City Ry. Co.U.S. Circuit Court for the District of Southern New York · 1908
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3Cited by2 opinions
- Guaranty Trust Co. of New York v. Metropolitan St. Ry. Co.U.S. Circuit Court for the District of Southern New York · 1909
- American Brake Shoe & Foundry Co. v. New York Rys. Co.Court of Appeals for the Second Circuit · 1923