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WABASH RY. CO. v. BARCLAY

Nos. 37 and 38.

280 U.S. 197 (1930)

50 S.Ct. 106

74 L.Ed. 368

WABASH RAILWAY COMPANY ET AL. v. BARCLAY ET AL. AUSTIN v. SAME.

Supreme Court of United States.

Decided January 6, 1930.

Attorney(s) appearing for the Case

ERRATUM, 280 U.S. p. 198. Amend the second paragraph so as to read: Mr. Charles E. Hughes, with whom Messrs. Winslow S. Pierce, F.C. Nicodemus, jr., Winthrop Taylor, and Arnold L. Davis were on the brief, for petitioners.

Mr. Joseph S. Clark, with whom Messrs. William R. Begg and Ellis Ames Ballard were on the brief, for respondents.

MR. JUSTICE HOLMES delivered the opinion of the Court.

This is a bill by holders of first preferred stock (called Class A) of the Wabash Railway Company, to have it declared that holders of such stock are entitled to receive preferential dividends up to five per cent. for each fiscal year from 1915 to 1926 inclusive to the extent that such dividends were earned in such fiscal years but were unpaid, before any dividends are...

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