Legal Opinion

Central Union Trust Co. v. Appalachian Corp.

District Court, N.D. Georgia

Decided July 10, 1924PublishedCited by 5 opinions

1Opinion of the Court

SIBLEY, District Judge.

As trustee in a mortgage securing $1,000-000 of bonds of Appalachian Corporation, Central Union Trust Company filed its bill to foreclose and secured the appointment of receivers for the mortgaged property on July 1, 1922. On August 4, 1922, by consent, a decree of foreclosure was entered. Several efforts to make a sale followed, the receivers meanwhile operating the very extensive apple orchards involved, and having to issue and sell about $30,000 of receivers’ certificates for their preservation. In April, 1924, the Appalachian Corporation went into voluntary…

2Cases cited24 opinions

  1. Martin v. Commercial Nat. Bank of MacOnSupreme Court of the United States · 1918
  2. Wellborn v. WeaverSupreme Court of Georgia · 1855
  3. Rushin v. Shields & BallSupreme Court of Georgia · 1852
  4. Southern Iron & Equipment Co. v. VoylesSupreme Court of Georgia · 1912
  5. Mays v. FletcherSupreme Court of Georgia · 1911

19 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Northwestern Mutual Life Insurance v. Nebraska Land Corp.Nebraska Supreme Court · 1974
  2. Webb v. United-American Soda Fountain Co.Court of Appeals for the Fifth Circuit · 1932
  3. In re New York-Brooklyn Fuel Corp.District Court, E.D. New York · 1925
  4. Lehman v. HeberleDistrict Court, W.D. New York · 1934
  5. Swift & Co. v. State Mut. Life Ins.District Court, N.D. Georgia · 1924

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