Ogden v. Delaware River & Atlantic Railroad

The opinion of the court was delivered.by

Teeroi-iaed, J.

These are six appeals from the decree of the court of chancery confirming the report and adjudication of William S. Casselman, *193receiver of the Delaware River and Atlantic Railroad Company, an insolvent corporation, upon claims filed. The court' of chancery adopted the receiver’s findings of fact, and the decree follows the report.

■ The certificate of incorporation of the railroad company was filed July 11th, 1899, and on the same day there was deposited with the state treasurer $104,000, being $2,000 per mile of the proposed line, as…