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CAMPBELL v. HUDSON & MANHATTAN R.R. CO.

282 A.D. 864 (1953)

William A. Campbell et al., Constituting the Bondholders' Protective Committee for the Holders of First Lien and Refunding Mortgage 5% Bonds, Issued by Hudson & Manhattan Railroad Company, et al., on Their Own Behalf and on Behalf of All Other Holders of Said Bonds, Respondents-Appellants, v. Hudson & Manhattan Railroad Company, Appellant-Respondent, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, First Department.

October 20, 1953.

The injunctive and directive provisions of the judgment are warranted as protective measures. The allowance of a counsel fee to plaintiffs is also warranted as the plaintiffs virtually acted in the position of the trustee. It also appears that in fact the services of plaintiffs' counsel were for the benefit of the defendant company.

Judgment unanimously...

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