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JONES v. GUARANTY AND INDEMNITY CO.

Not in source.

101 U.S. 622 (1880)

25 L.Ed. 1030

JONES, v. GUARANTY AND INDEMNITY COMPANY.

Supreme Court of United States.

April 26, 1880.

Attorney(s) appearing for the Case

Mr. Benjamin F. Tracy for the appellant.

Mr. George F. Comstock and Mr. William Allen Butler, contra.

MR. JUSTICE SWAYNE, after making the foregoing statement, delivered the opinion of the court.

The analysis of this case in the preceding statement divests it of all extraneous considerations, and presents it in the nakedness and simplicity of its material facts.

The central and controlling questions to be determined are: —

Whether the Oil Company had the power to give a mortgage for future advances; and,

Whether the mortgage here in...

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