American Brake Shoe & Foundry Co. v. Interborough Rapid Transit Co.

HULBERT, District Judge.

The petitioners, Manhattan Railway Company and Charles Franklin, seek to impress a lien on alleged existing reserve funds created by the stockholders of Manhattan Railway Company, for legal services rendered to it and its stockholders by Franklin, in the amount of $310,000, or in the alternative, in an amount to be fixed and determined by this court, as the reasonable value thereof.

Petitioners also seek to impress a similar lien on unmortgaged real estate and other assets formerly belonging to the Manhattan Railway Company, which were turned over to the City of New…