Rea v. Pennsylvania Canal Co.
Supreme Court of Pennsylvania
Appeals, Nos. 347 and 348, jan. T. 1913, by Samuel Rea, Trustee, and the Pennsylvania Railroad Company, from decree of O. P. No. 5, Philadelphia Co., Dec. T., 1910, No. 4799, making distribution, in ease of Samuel Rea, Trustee, v. Pennsylvania Canal Company, John Cadwalader, Jay Cooke, 3d, Edward Bailey, Donald McCormick, Henry S. Rich, William F. Norris, and The Pennsylvania Railroad Company.
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Appeals, Nos. 347 and 348, jan. T. 1913, by Samuel Rea, Trustee, and the Pennsylvania Railroad Company, from decree of O. P. No. 5, Philadelphia Co., Dec. T., 1910, No. 4799, making distribution, in ease of Samuel Rea, Trustee, v. Pennsylvania Canal Company, John Cadwalader, Jay Cooke, 3d, Edward Bailey, Donald McCormick, Henry S. Rich, William F. Norris, and The Pennsylvania Railroad Company. Bill in. equity to foreclose a mortgage and to fix the order of distribution of the funds. Before Ralston, J. The opinion of the Supreme Court states the facts. The court awarded foreclosure and.…
1Opinion of the Court
Opinion by
Mr. Justice Pottee,
This was a bill in equity, filed by Samuel Eea, trustee for bondholders, under a mortgage executed by the Pennsylvania Canal Company. The bill prayed for foreclosure, and for instructions as to the distribution of the proceeds of sales of the mortgaged premises. The defendant, the Pennsylvania Canal Company, in its answer admitted all the allegations of the plaintiff’s bill, and submitted itself to the decree of the court. Mr. John Cadwalader and others, intervened as defendants to protect themselves as the owners of certain bonds of the Pennsylvania Canal…
2Cited by7 opinions
- Pennsylvania Canal Co. v. BrownCourt of Appeals for the Third Circuit · 1916
- Brown v. Pennsylvania R.Court of Appeals for the Third Circuit · 1918
- In Re Escheat of Moneys in Custody of United States TreasurySupreme Court of Pennsylvania · 1936
- Lenox Coal Co. v. Duncan-Spangler Coal Co.Supreme Court of Pennsylvania · 1920
- Rea v. Pennsylvania Canal Co.Supreme Court of Pennsylvania · 1915
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