Gold Bondholders Protective Council v. Atchison, Topeka & Santa Fe Railway Co.

OPINION

CONNOR, Justice.

In this case, the Gold Bondholders Protective Council (hereafter referred to as Bondholders) appeals the superior court’s award of $15,551.22 in attorneys’ fees and costs to appellee, the Atchison, Topeka and Santa Fe Railway Company (hereafter referred to as Santa Fe).

The facts of the case from which this appeal arises are as follows:

In 1895, Santa Fe issued bonds for public sale. The bonds contained a “gold clause” which promised to pay to bondholders in the year 1995, the face amount in “gold coin of the United States, of the present standard of weight and fineness,…