Douglass v. Cline
Court of Appeals of Kentucky
Case 30 — PETITION EQUITY APPEAL FROM LOUISVILLE CHANCERY COURT. The appellants, Douglass and Green, as trustees, instituted actions in the Louisville Chancery Court to foreclose the mortgages executed to them by the Louisville, Cincinnati & Lexington Railroad Company, and on their motion the railroad and property belonging to the company were placed under the control and management of a receiver.
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Case 30 — PETITION EQUITY APPEAL FROM LOUISVILLE CHANCERY COURT. The appellants, Douglass and Green, as trustees, instituted actions in the Louisville Chancery Court to foreclose the mortgages executed to them by the Louisville, Cincinnati & Lexington Railroad Company, and on their motion the railroad and property belonging to the company were placed under the control and management of a receiver. At the time the road and property of the company were placed under the control and management of the receiver, the company was indebted to its employees — mechanics and artisans, laborers and…
1Opinion of the Court
JUDGE LINDSAY
delivered the opinion oe the court, Chiee Justice Peters and Judge Pryor concurring and Judge Coder dissenting.
The deed executed and delivered by the Louisville & Lexington and the Louisville & Frankfort Railroad Companies to Norvin Green was intended to secure the payment of bonds issued by said companies pursuant to legislative authority amounting in the aggregate to $3,000,000.
Subsequent to the execution of this deed the two companies were by act of the general assembly consolidated into one, to be known and designated as the “Louisville, Cincinnati & Lexington Railroad…
2Cases cited3 opinions
- Howell v. RipleyNew York Court of Chancery · 1843
- Astor v. TurnerNew York Court of Chancery · 1845
- Zeiter v. Bowman & LinscottNew York Supreme Court · 1849
3Cited by24 opinions
- Farmers' Loan & Trust Co. v. Kansas City, W. & N. W. R.U.S. Circuit Court for the District of Kansas · 1892
- Schreiber v. CareyWisconsin Supreme Court · 1880
- Scott v. WareSupreme Court of Alabama · 1880
- Newport & Cincinnati Bridge Co. v. DouglassCourt of Appeals of Kentucky · 1877
- Watt's Administrator v. SmithCourt of Appeals of Kentucky (pre-1976) · 1933
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