Church v. Sterling
Supreme Court of Connecticut
This was a bill in chancery, brought by Leman Church and Henry Dutton, Esqrs., commissioners on the Housatonuc, Rail-Road, against Jesse Sterling, seeking the payment to the plaintiffs of certain moneys, and a conveyance to them of the legal title to a certain parcel of land. The corporation of the Housatonuc Rail-Road Company and William P. Burrall, Esq., its president, were also cited in, as defendants.
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This was a bill in chancery, brought by Leman Church and Henry Dutton, Esqrs., commissioners on the Housatonuc, Rail-Road, against Jesse Sterling, seeking the payment to the plaintiffs of certain moneys, and a conveyance to them of the legal title to a certain parcel of land. The corporation of the Housatonuc Rail-Road Company and William P. Burrall, Esq., its president, were also cited in, as defendants. The bill stated, that the Housatonuc Rail-Road Company was an incorporated company of this state, invested, by their charter, with various powers and privileges, and among others, with the…
1Opinion of the CourtChurch, J.
The plaintiffs are commissioners, appointed under the provisions of an act passed in 1839, entitled “An Act to aid in the construction of the Housatonuc Rail-Road.” By virtue of this statute, the whole stock, franchise and income of the Rail-Road Company, and all real estate, which *398then was, or thereafter might be, owned by said company, was declared to be pledged and mortgaged to the commissioners, as security for the redemption and payment of notes issued by virtue of that act. And the commissioners are empowered to sell and dispose of so much of the stock, or real or personal estate, of…
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