MORLEY v. LAKE SHORE RAILWAY CO.

No. 1.

146 U.S. 162 (1892)

13 S.Ct. 54

36 L.Ed. 925

MORLEY, v. LAKE SHORE AND MICHIGAN SOUTHERN RAILWAY COMPANY.

Supreme Court of United States.

Decided November 14, 1892.


Attorney(s) appearing for the Case

Mr. William Ford Upson (with whom was Mr. William Forse Scott on the brief) and Mr. George Hoadly for plaintiff in error.

Mr. Edward S. Rapallo for defendant in error.


MR. JUSTICE SHIRAS delivered the opinion of the court.

John S. Prouty, of the city and State of New York, was a holder and owner of certain preferred and guaranteed stock of the Michigan Southern and Northern Indiana Railroad Company. This stock was issued in the city of New York, in the year 1857, and the guaranteed dividends and interest were to be there paid. Subsequently, it being alleged that the said company was in arrears of dividends and interest due Mr. Prouty...

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