Chamberlain v. Connecticut Central Railroad
Supreme Court of Connecticut
Suit brought by the plaintiff, as treasurer of the state, and ex officio trustee for the holders of certain coupon bonds of the Connecticut Central Railroad Company, to foreclose a mortgage of the property of the railroad company made to a former treasurer of the state as such trustee. The suit was brought to the Superior Court in Hartford County.
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Suit brought by the plaintiff, as treasurer of the state, and ex officio trustee for the holders of certain coupon bonds of the Connecticut Central Railroad Company, to foreclose a mortgage of the property of the railroad company made to a former treasurer of the state as such trustee. The suit was brought to the Superior Court in Hartford County. After the suit came into court the New York & Hew England Railroad Company, which owned all the mortgage bonds, was brought in as a party respondent. The case was heard, on a demurrer to the defendant’s answer, before Andrews, J. Demurrer sustained…
1Opinion of the CourtLoomis, J.
This is a complaint in the name of the state treasurer against the Connecticut Central Railroad Company for the foreclosure of a mortgage executed by the latter upon all their estate, present and prospective, to secure an intended issue of bonds, which were afterwards in fact issued to the amount of $825,000, payable in 1895, or at the election of the holder at any earlier time after six months default on the interest coupons annexed to the bonds. The interest was paid to October 1st, 1878, and coupons to the amount of $186,500 have since matured, and are in default, unless the defence set up…
2Cases cited4 opinions
- Moore v. CableNew York Court of Chancery · 1815
- Wood v. HumphreyMassachusetts Supreme Judicial Court · 1873
- Butler v. RahmCourt of Appeals of Maryland · 1877
- Brayton v. JonesWisconsin Supreme Court · 1856
3Cited by8 opinions
- International Brotherhood of Teamsters of America v. ShapiroSupreme Court of Connecticut · 1951
- McDonald v. Hartford Trust Co.Supreme Court of Connecticut · 1926
- Desiderio v. IadonisiSupreme Court of Connecticut · 1932
- Second National Bank of New Haven v. DyerSupreme Court of Connecticut · 1936
- Peckham v. LegoSupreme Court of Connecticut · 1889
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