Legal Opinion

In Re Prudence-Bonds Corporation

Court of Appeals for the Second Circuit

Decided May 6, 1935No. 409PublishedCited by 21 opinions

1Opinion of the Court

MANTON, Circuit Judge.

The debtor has outstanding eighteen separate bond issues aggregating in principal amount about $56,000,000, and 54 certificate issues aggregating in principal amount about $53,000,000. The order appealed from affects the appellants, acting as respective trustees, under sixteen of these eighteen bond issues. Each of the bond issues is secured by a separate indenture between the debtor and a trust company or bank, under which the debtor pledged first mortgages upon real estate. The sixteen indentures are substantially the same, and one, dated April 1, 1925, securing the…

2Cases cited4 opinions

  1. Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
  2. Isaacs v. Hobbs Tie & Timber Co.Supreme Court of the United States · 1931
  3. Taubel-Scott-Kitzmiller Co. v. FoxSupreme Court of the United States · 1924
  4. Ex Parte BaldwinSupreme Court of the United States · 1934

3Cited by21 opinions

  1. United States v. Whiting Pools, Inc.Court of Appeals for the Second Circuit · 1982
  2. General American Tank Car Corp. v. Adolf Gobel, Inc.Court of Appeals for the Second Circuit · 1936
  3. In Re Third Ave. Transit Corp. Melniker v. LehmanCourt of Appeals for the Second Circuit · 1952
  4. Reconstruction Finance Corp. v. Kaplan in Re Waltham Watch CoCourt of Appeals for the First Circuit · 1951
  5. First Nat. Bank in Houston, Texas v. LakeCourt of Appeals for the First Circuit · 1953

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