Legal Opinion
Gold Bondholders Protective Council v. Atchison, Topeka & Santa Fe Railway Co.
Alaska Supreme Court
Decided September 3, 1982No. 5904PublishedCited by 9 opinions
1Opinion of the Court
OPINION
CONNOR, Justice.
This case concerns the enforceability of certain “gold clauses” in bonds issued in the nineteenth century by a private corporation.
Appellants are persons who in 1980 purchased certain bonds of the Atchison, Topeka and Santa Fe Railway Company (Santa Fe). The bonds were issued in 1895. The “gold clause” in the bonds promised to pay in 1995 the face amount of the bonds to the bondholders in “gold coin of the United States, of the present standard of weight and fineness, or its equivalent,” together with interest thereon at 4% per annum, “payable in like gold coin,”…
2Cases cited6 opinions
- Norman v. Baltimore & Ohio RailroadSupreme Court of the United States · 1935
- Holyoke Water Power Co. v. American Writing Paper Co.Supreme Court of the United States · 1937
- Henderson v. Mann Theatres Corp.California Court of Appeal · 1976
- Equitable Life Assur. Soc. of US v. GrosvenorDistrict Court, W.D. Tennessee · 1976
- Feldman v. Great Northern Ry. Co.District Court, S.D. New York · 1977
1 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Wells Fargo Bank, N.A. v. Bank of America NT&SACalifornia Court of Appeal · 1995
- Gold Bondholders Protective Council v. Atchison, Topeka & Santa Fe Railway Co.Alaska Supreme Court · 1983
- Fay Corp. v. Bat Holdings I, Inc.District Court, W.D. Washington · 1986
- Adams v. Burlington Northern RailroadCourt of Appeals for the Ninth Circuit · 1996
- Milton Rudolph v. Milton F. SteinhardtCourt of Appeals for the Eleventh Circuit · 1983
4 more not listed; retrieve them via the Exa API.