Legal Opinion

Sioux City Terminal Railroad & Warehouse Co. v. Trust Co. of North America

Supreme Court of the United States

Decided February 20, 1899No. 192PublishedCited by 29 opinions

CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE EIGHTH CIRCUIT. The facts which are revelant to the controversy arising on this record are as follows: The Sioux City Terminal Railroad'and Warehouse Company (hereafter "designated as the Terminal Company) was, in 1889, incorporated under the general laws of the State of • Iowa with an authorized capital of one million of dollars.

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CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE EIGHTH CIRCUIT. The facts which are revelant to the controversy arising on this record are as follows: The Sioux City Terminal Railroad'and Warehouse Company (hereafter "designated as the Terminal Company) was, in 1889, incorporated under the general laws of the State of • Iowa with an authorized capital of one million of dollars. In January, 1890, the corporation, by authority of its board of directors, authorized by its stockholders, mortgaged in favor of the Trust Company of North America its “grounds, franchises, liens, rights,…

1Opinion of the CourtJustice White

The errors assigned and the discussion at the b¿ar confine the question to be decided solely to the validity of the negotiable bonds of the Terminal Company which were issued to the Trust Company of North America, and which were sold in open market to innocent purchasers for value and the proceeds of which inured to the benefit of the Terminal Company. The issue for decision is restricted to this question, since all the errors assigned and the contentions based upon them depend on the assertion that the bonds issued to the Trust Company of North America, and the mortgage by which their…

2Cases cited9 opinions

  1. Central Transportation Co. v. Pullman's Palace Car Co.Supreme Court of the United States · 1891
  2. California Bank v. KennedySupreme Court of the United States · 1897
  3. Pullman's Palace Car Co. v. Central Transportation Co.Supreme Court of the United States · 1898
  4. Morley v. Lake Shore & Michigan Southern Railway Co.Supreme Court of the United States · 1892
  5. McCormick v. Market BankSupreme Court of the United States · 1897

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3Cited by29 opinions

  1. Hartford Fire Insurance v. Chicago, Milwaukee & St. Paul Railway Co.Supreme Court of the United States · 1899
  2. Equitable Life Assurance Society of the United States v. BrownSupreme Court of the United States · 1909
  3. Anglo-American Land, Mortgage & Agency Co. v. LombardCourt of Appeals for the Eighth Circuit · 1904
  4. Franz v. BuderCourt of Appeals for the Eighth Circuit · 1926
  5. Orme v. Salt River Valley Water Users' Ass'nArizona Supreme Court · 1923

24 more not listed; retrieve them via the Exa API.

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