Legal Opinion

In re Medina Quarry Co.

District Court, W.D. New York

Decided June 17, 1910No. 2,035PublishedCited by 7 opinions

, In- the matter of Medina Quarry Company. On exceptions to the 'report of the special master. The1 Medina Quarry Company (hereinafter called the Medina -Company) was Incorporated in March, 1902, and conducted-stone quarries in' Orleans county, N. Y. Its capital stock was $2,000,000, for which bonds were'Issued* amounting to $1,200,000, secured by a trust mortgage on all its property, real and personal, and such as thereafter should be acquired.

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, In- the matter of Medina Quarry Company. On exceptions to the 'report of the special master. The1 Medina Quarry Company (hereinafter called the Medina -Company) was Incorporated in March, 1902, and conducted-stone quarries in' Orleans county, N. Y. Its capital stock was $2,000,000, for which bonds were'Issued* amounting to $1,200,000, secured by a trust mortgage on all its property, real and personal, and such as thereafter should be acquired. The bond issue was to raise money to pay the purchase price of the quarries, machinery, and other-property. Out of the total sale of bonds $410,980…

1Opinion of the CourtHazel, District Judge

(after stating the facts as above). The matter comes before me on exceptions to the report of the special master to whom a reference was made to take testimony and report to the court on the issues presented. The issues are: (1) Whether the lease and bill of sale dated in December, 1904, by the Medina Company to the Orleans Company, and all claims arising thereunder, are valid or invalid; (2) whether certain claims presented against the bankrupt estate by certain individuals, the Orleans Company, and the bondholders’ committee should be allowed as valid claims or expunged; (3) whether the…

2Cases cited13 opinions

  1. Wooden-Ware Co. v. United StatesSupreme Court of the United States · 1882
  2. Hutchinson v. OtisSupreme Court of the United States · 1903
  3. Mitchell v. WinslowU.S. Circuit Court for the District of Maine · 1843
  4. Pennock v. CoeSupreme Court of the United States · 1860
  5. Zartman v. First National BankNew York Court of Appeals · 1907

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3Cited by7 opinions

  1. United States National Bank v. Chase National BankSupreme Court of the United States · 1947
  2. In re WoodCourt of Appeals for the Second Circuit · 1921
  3. In re JesúsDistrict Court, D. Puerto Rico · 1982
  4. In re Western Bond & Mortgage Co.District Court, D. Oregon · 1941
  5. In Re De JesusDistrict Court, D. Puerto Rico · 1982

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