Farmers' Loan & Trust Co. v. Lake Street Elevated Railroad
Supreme Court of the United States
ERROR TO THE SUPREME COURT OP THE STATE OP ILLINOIS. The Lake Street Elevated Railroad Company was incorporated under the laws of the State of Illinois in the month of August, 1892, with a capital stock of five million dollars, which was increased in the month of April, 1893, to ten millions of dollars, consisting of one hundred thousand shares of the par value of .one hundred dollars each.
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ERROR TO THE SUPREME COURT OP THE STATE OP ILLINOIS. The Lake Street Elevated Railroad Company was incorporated under the laws of the State of Illinois in the month of August, 1892, with a capital stock of five million dollars, which was increased in the month of April, 1893, to ten millions of dollars, consisting of one hundred thousand shares of the par value of .one hundred dollars each. On April 7, 1893, the company made and delivered a certain mortgage or trust deed to the American Trust and Savings Bank, a corporation of the State of Illinois, and to the Farmers’ Loan and Trust Company,…
1Opinion of the CourtJustice Shirks
Whether the state courts erred in refusing to accept the peti tion and bond filed by the plaintiff in error, the Farmers’ Loan and Trust Company, for removal of the cause to the Circuit Court of the United States, and whether the Lake Street Elevated Eailroad Company, the American Trust and Savings Bank and the Northern Trust Company, by appearing in the Circuit Court, by moving to remand, by demurring to the bill, after such motion had been overruled, and by appealing to the Circuit Court of Appeals, were estopped from proceeding in the state court, are questions which have been argued at…
2Cases cited6 opinions
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