MR. CHIEF JUSTICE WAITE delivered the opinion of the court. After reciting the foregoing facts, he said:
Two questions are presented for our consideration:
1. Whether the "Arrangement Act" is valid in Canada, and had the effect of binding non-assenting bondholders within the Dominion by the terms of the scheme; and,
2. Whether, if it did have that effect in Canada, the courts of the United States should give it the same effect as against citizens of...
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