Legal Opinion

In re Waterloo Organ Co.

Court of Appeals for the Second Circuit

Decided June 5, 1907No. 254PublishedCited by 4 opinions

Petition for Revision of Proceedings of the District Court of the United States for the Western District oí New York. This cause comes here upon petition to review an order of the District Court, Western District of New York, providing for the distribution of certain funds among the holders of the mortgage bonds of the bankrupt corporation. The facts sufficiently appear in the opinion. The opinions of the District Judge and of the referee are reported in 147 Fed. 814.

1Opinion of the Court

LACOMBE, Circuit Judge.

The corporation was adjudicated a bankrupt July 2, 1902. In 1894, the company executed a corporate mortgage or trust deed to the First National Bank of Waterloo to secure an issue of 80 bonds ($500 each). In the year 1899, another mortgage was executed to the same trustee to secure the same bonds. The later mortgage covered real estate and fixtures which the company had acquired after the making of the first mortgage, and it also assumed to cover all the personal property of every kind, except dioses in action, which the company then owned or might thereafter acquire.…

2Cases cited2 opinions

  1. In re Waterloo Organ Co.Court of Appeals for the Second Circuit · 1904
  2. In re Waterloo Organ Co.Court of Appeals for the Second Circuit · 1904

3Cited by4 opinions

  1. Buell v. Kanawha Lumber Corp.District Court, E.D. South Carolina · 1912
  2. In re Progressive Wall Paper Corp.Court of Appeals for the Second Circuit · 1916
  3. In re Waterloo Organ Co.Court of Appeals for the Second Circuit · 1908
  4. In re Paul De Laney Co.Court of Appeals for the Second Circuit · 1928

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