Union Trust & Savings Bank v. Southern Traction Co.
Court of Appeals for the Seventh Circuit
Appeals from the District Court of the United States for the Eastern District of Illinois. V Creditors’ bill against the Southern Traction Company.
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Appeals from the District Court of the United States for the Eastern District of Illinois. V Creditors’ bill against the Southern Traction Company. Receivers were appointed for the company, and intervening bills and petitions were filed by certain creditors, involving controversies between the Union Trust & Savings Bank, trustee, and others, and the Southern Traction Company and others, between John A. Hamilton, trustee, and others, and the Southern Traction Company of Illinois and others, between the Kenwood Bridge Company and Jared Y. Sanders and others, between the Marquette National Fire…
1Opinion of the Court
BAKER, Circuit Judge.
These appeals grew out of the failure of an electric railroad project. On a creditors’ bill the District Court appointed receivers, and thereafter intervening bills and petitions were filed by the trustee for bondholders, by the principal contractor and subcontractors to enforce mechanics’ liens, by the trustee in bankruptcy of the principal contractor to secure the rights of the bankrupt on behalf of creditors, by landowners to get the balance of purchase money, by parties who advanced money to the promoter to buy rights of way, by the receiver of an insolvent bank for…
2Cited by6 opinions
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- Klages v. FreierSupreme Court of Iowa · 1938
- Kopp Clay Co. v. State Ex Rel. FultonOhio Supreme Court · 1932
- Union Trust & Savings Bank v. HamiltonCourt of Appeals for the Seventh Circuit · 1922
- Fallgatter v. Citizens' Nat. Bank of WorthingtonDistrict Court, D. Minnesota · 1926
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