McBride v. American Railway & Lighting Co.
Court of Appeals of Texas
Appeal from the 44th Judicial District, Dallas County. Tried below before Hon. E. B. Muse.
1Opinion of the Court
CLARK, Special Associate Justice.
The Texas Traction Company was organized and incorporated for the purpose of constructing, owning and operating the line of interurban railway now extending from Sherman to Dallas. To secure the necessary funds to construct and equip the proposed railway it was necessary to issue bonds secured by first mortgage thereon and to negotiate these together with a part of its capital stock. Before the company was organized certain capitalists in Boston, Massachusetts, had proposed to purchase these securities, and, as the work of construction progressed, to advance…
2Cases cited16 opinions
- Scott v. ArmstrongSupreme Court of the United States · 1892
- New York, New Haven & Hartford Railroad v. New YorkSupreme Court of the United States · 1897
- Fourth Street Bank of Philadelphia v. YardleySupreme Court of the United States · 1897
- Bank of the Republic v. MillardSupreme Court of the United States · 1870
- Peak v. EllicottSupreme Court of Kansas · 1883
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3Cited by35 opinions
- Hudnall v. Tyler Bank and Trust CompanyTexas Supreme Court · 1970
- Citizens National Bank of Dallas v. HillTexas Supreme Court · 1974
- Goggin v. State Nat. Bank of El PasoCourt of Appeals of Texas · 1913
- American Surety Co. of New York v. Bank of ItalyCalifornia Court of Appeal · 1923
- Baker v. Crosbyton Southplains Railroad Co.Texas Supreme Court · 1916
30 more not listed; retrieve them via the Exa API.