Commercial Trust Co. v. Chattanooga Ry. & Light Co.
District Court, E.D. Tennessee
In Equity. Separate bills by the Commercial Trust Company, a Pennsylvania corporation, and by the Maryland Trust Company, a Maryland corporation, against the Chattanooga Railway & Eight Company and others, to foreclose trust deeds or mortgages executed by the Chattanooga Railways Company, which were consolidated for hearing.
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In Equity. Separate bills by the Commercial Trust Company, a Pennsylvania corporation, and by the Maryland Trust Company, a Maryland corporation, against the Chattanooga Railway & Eight Company and others, to foreclose trust deeds or mortgages executed by the Chattanooga Railways Company, which were consolidated for hearing. Bill in equity by the Commercial Trust Co., a Pennsylvania corporation, against the Chattanooga Railway & Bight Co., a Tennessee corporation, et al., to foreclose a trust deed or mortgage executed in 1906 by the Chattanooga Railways Co., a Tennessee corporation, to the…
1Opinion of the Court
SANFORD, District Judge.
I have carefully considered the evidence, and the arguments and briefs of counsel, dealing with many questions and citing many authorities.
My conclusions on what, after such consideration, appear to me to be the crucial and determinative questions, briefly stated, without elaboration or detailed citation or discussion of the authorities, are:
[1] 1. Neither the Commercial Trust Co. nor the Maryland Trust Co. are, as trustees under their respective mortgages, themselves creditors of the Chattanooga Railway & Light Co. (hereinafter called the Railway & Light Co.); neither…
2Cases cited14 opinions
- Scott v. NeelySupreme Court of the United States · 1891
- Cates v. AllenSupreme Court of the United States · 1893
- Galveston Railroad v. CowdreySupreme Court of the United States · 1871
- United States v. New Orleans RailroadSupreme Court of the United States · 1871
- Pennock v. CoeSupreme Court of the United States · 1860
9 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Guaranty Trust Co. of New York v. Minneapolis & St. LR Co.Court of Appeals for the Eighth Circuit · 1929
- Irving Bank-Columbia Trust Co. v. New York Rys. Co.District Court, S.D. New York · 1923
- Guaranty Trust Co. of New York v. Minneapolis & St. L. R.Court of Appeals for the Fourth Circuit · 1928
- In re New York, S. & W. R. Co.District Court, D. New Jersey · 1939
- Susquehanna Trust & Safe Deposit Co. v. United Telephone & Telegraph Co.Court of Appeals for the Third Circuit · 1925