Halpin v. Savannah River Electric Co.

PARKER, Circuit Judge.

The Twin City Power Company is a South Carolina corporation which owns lands and riparian rights on the South Carolina side of the Savannah river. It also owns all of the stock in a Georgia corporation of similar name which owns similar lands and rights on the Georgia side of the river. These corporations have issued bonds, whicíi are held by the same persons who own the stock of the South Carolina corporation, and to- secure these bonds have executed a joint mortgage embracing the lands on both sides of the river. Daniel J. Halpin, a resident of the state of New York,…