Ribon v. Railroad Companies
Supreme Court of the United States
Appeal from the Circuit Court for the District of Iowa. ■ Ribon and several others, bondholders and stockholders in the Mississippi and Missouri Railroad Company, filed a bill against the Chicago, Rock Island, aiid Pacific Railroad Company, to set aside as collusive and fraudulent a sale which had been made of the road of the former-company (one which had numerous stockholders, and also numerous bond creditors, Secured by five different' mortgages) to the latter company,…
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Appeal from the Circuit Court for the District of Iowa. ■ Ribon and several others, bondholders and stockholders in the Mississippi and Missouri Railroad Company, filed a bill against the Chicago, Rock Island, aiid Pacific Railroad Company, to set aside as collusive and fraudulent a sale which had been made of the road of the former-company (one which had numerous stockholders, and also numerous bond creditors, Secured by five different' mortgages) to the latter company, through means of an amicable, foreclosure and decree, in which cei'taiu persons, trustees in one mortgage given by the…
1Opinion of the CourtJustice Swayne
stated particulars of the case, and delivered the opinion of the court.
This is an appeal in equity from the decree of the Circuit Court of the United States for the District of Iowa. The appellants are the complainants. A brief statement of the case as presented in the record will be sufficient for the purposes of this'opinion.
The Mississippi and Missouri Railroad Company was incorporated' to construct a railroad from Davenport, on the Mississippi .River, to- a point at or near Council Bluffs; on the Missouri River. It executed five mortgages to secure different sets of bonds, and issued…
2Cases cited3 opinions
- Russell v. Clark's ExecutorsSupreme Court of the United States · 1812
- Caldwell v. TaggartSupreme Court of the United States · 1830
- Marshall v. P. R. BeverleySupreme Court of the United States · 1820
3Cited by47 opinions
- Sioux City Terminal Railroad & Warehouse Co. v. Trust Co. of North AmericaCourt of Appeals for the Eighth Circuit · 1897
- Bachrach v. Washington United Cooperative, Inc.Court of Appeals of Maryland · 1943
- Christian v. Atlantic & North Carolina RailroadSupreme Court of the United States · 1890
- Thayer v. Life Assn. of AmericaSupreme Court of the United States · 1885
- Donovan v. CampionCourt of Appeals for the Eighth Circuit · 1898
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