Legal Opinion

Equitable Trust Co. of New York v. Western Land & Power Co.

California Court of Appeal

Decided November 1, 1918No. Civ. No. 1875Published

The facts are stated in the, opinion of the court.

1Opinion of the CourtChipman, P. J.

This is an action to foreclose a deed of trust or first mortgage on lands in Lassen County made by defendant Power Company to plaintiff to secure a five hundred thousand dollar issue of first mortgage bonds of defendant Power Company, in two series'of one thousand and five hundred dollar denominations, respectively, as provided for •by deed of trust.

The trust deed was made July 15, 1911, and was recorded August 1, 1911. Pursuant thereto the Power Company issued 290 of the one thousand dollar bonds and 360 of the five hundred dollar bonds. The Power Company failing to pay the accrued interest,…

2Cases cited5 opinions

  1. Dickerman v. Northern Trust Co.Supreme Court of the United States · 1900
  2. Louisville Property Co. v. Mayor of NashvilleTennessee Supreme Court · 1904
  3. Wilson v. PeaceCourt of Appeals of Texas · 1905
  4. Ammons v. Brunswick-Balke Collender Co.Court Of Appeals Of Indian Territory · 1904
  5. Roseberry v. Valley Building & Loan Ass'nSupreme Court of Colorado · 1905

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