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SOUTHERN PACIFIC CO. v. BOGERT

No. 305.

250 U.S. 483 (1919)

39 S.Ct. 533

63 L.Ed. 1099

SOUTHERN PACIFIC COMPANY v. BOGERT ET AL., EXECUTORS OF LAWRENCE, ET AL.

Supreme Court of United States.

Decided June 9, 1919.

Attorney(s) appearing for the Case

Mr. Lewis H. Freedman and Mr. Gordon M. Buck, with whom Mr. Arthur H. Van Brunt was on the briefs, for petitioner.

Mr. Charles E. Hughes, with whom Mr. H. Snowden Marshall, Mr. David Gerber and Mr. Dudley F. Phelps were on the brief, for respondents.

Henry J. Chase, Fergus Reid, Albert M. Polack, Francis P. O'Reilly and The Corn Exchange Bank filed petitions for leave to intervene, etc.

MR. JUSTICE BRANDEIS delivered the opinion of the court.

In 1888, and for some years prior thereto, the Southern Pacific Company dominated the Houston & Texas Central Railway Company, electing directors and officers through one of its subsidiaries, which owned a majority of the Houston Company stock. In 1888, pursuant to a reorganization agreement, mortgages upon the Houston Company properties were foreclosed and these were acquired by the Houston &...

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