Alexander v. Searcy
Supreme Court of Georgia
Equity. Railroads. Corporations. Stock and stockholders. Laches. Acquiescence. Ultra vires. Remedies. Before Judge Marshall J. Clarke. Spalding county. At chambers, November 17, 1888. Reported in the decision.
1Opinion of the Court
Simmons, Justice.
It appears from the record in this case that, in the year 1871, the Savannah, Griffin & North Alabama Railroad Company made and executed a deed of trust or mortgage, on its railroad or other property, to William M. Wadley, president of the Central Railroad and Banking Company of Georgia, and his successors in office, and William B. Johnston, as trustees, to secure the principal and interest of $500,000 of bonds which said Savannah, Griffin & North Alabama Railroad Corn-Company was about to issue. These bonds were *538issued; and in the course of time the major part of them came…
2Cases cited4 opinions
- Dimpfell v. Ohio & Mississippi Railway Co.Supreme Court of the United States · 1884
- Central Railroad v. CollinsSupreme Court of Georgia · 1869
- Hazlehurst v. Savannah, Grippin & North Alabama RailroadSupreme Court of Georgia · 1871
- Stewart v. Erie & Western Transportation Co.Supreme Court of Minnesota · 1871
3Cited by51 opinions
- Home Fire Insurance v. BarberNebraska Supreme Court · 1903
- McQuillen v. National Cash Register Co.Court of Appeals for the Fourth Circuit · 1940
- Pollitz v. . GouldNew York Court of Appeals · 1911
- Matthews v. Headley Chocolate Co.Court of Appeals of Maryland · 1917
- Just v. Idaho Canal & Improvement Co.Idaho Supreme Court · 1909
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