Legal Opinion
Fidelity Insurance, Trust & Safe Deposit Co. v. United New Jersey Railroad & Canal Co.
New Jersey Court of Chancery
Decided February 15, 1883PublishedCited by 4 opinions
Bill for directions to trustee. On final hearing on bill and answers.
1Opinion of the Court
The Chancellor.
The bill is filed by a trustee for directions as to investing-certain funds in its hands as sinking funds for certain bonds-issued by the United New Jersey Railroad and Canal Company.. Those bonds are of three issues, one dated March 1st, 1869, of one thousand eight hundred and forty-six bonds for £200 each, amounting to £369,200, with interest at six per cent, per annum another dated April 25th, 1871, of one thousand eight hundred* bonds, for $1,000 each, amounting to $1,800,000, with like interest; and the other dated May 1st, 1871, of two thousand bonds, for $1,C00 each,…
2Cases cited4 opinions
- Wood v. WoodNew York Court of Chancery · 1836
- Commonwealth v. GeeMassachusetts Supreme Judicial Court · 1850
- Crawford v. CreswellSupreme Court of Alabama · 1876
- Murray v. FeinourHigh Court of Chancery of Maryland · 1851
3Cited by4 opinions
- N.J. Nat. Bk., C., Co. v. Lincoln, C., Co.New Jersey Court of Chancery · 1930
- Cocke v. Duke UniversitySupreme Court of North Carolina · 1963
- The Lambertville National Bank v. BumsterNew Jersey Court of Chancery · 1948
- Reiner v. Fidelity Union Trust Co.New Jersey Court of Chancery · 1939