Legal Opinion
American Brake Shoe & Foundry Co. v. Interborough Rapid Transit Co.
Court of Appeals for the Second Circuit
Decided August 12, 1941No. 317PublishedCited by 10 opinions
1Opinion of the Court
SWAN, Circuit Judge.
Upon a creditor’s bill filed August 26, 1932, receivers were appointed for the In-terborough Rapid Transit Company and on September 6th the receivership was extended to the Manhattan Railway Company.1 The properties involved comprised the Subway Division, consisting of City owned lines, mainly underground, operated by Interborough under contracts with the City, and the Manhattan Division, consisting mainly of elevated lines owned by Manhattan and leased to Interborough in 1903 for a term of 999 years from 1875. Under the Manhattan lease Interborough was required to pay…
2Cases cited29 opinions
- Hansberry v. LeeSupreme Court of the United States · 1940
- Helvering v. HorstSupreme Court of the United States · 1940
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Helvering v. EubankSupreme Court of the United States · 1941
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
24 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Guaranty Trust Co. v. Seaboard Air Line Ry. Co.District Court, E.D. Virginia · 1945
- American Brake Shoe & Foundry Co. v. Interborough Rapid Transit Co.Court of Appeals for the Second Circuit · 1943
- American Brake Shoe & Foundry Co. v. Interborough Rapid Transit Co.District Court, S.D. New York · 1942
- Franklin v. City of New YorkCourt of Appeals for the Second Circuit · 1944
- In re Associated Gas & Electric Co.District Court, S.D. New York · 1943
5 more not listed; retrieve them via the Exa API.