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SAGE ET AL. v. CENTRAL R.R. CO. OF IOWA ET AL.

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93 U.S. 412 (1876)

23 L.Ed. 933

SAGE ET AL., v. CENTRAL RAILROAD COMPANY OF IOWA ET AL.

Supreme Court of United States.

December 18, 1876.

Attorney(s) appearing for the Case

Mr. R.L. Ashhurst in support of the motions.

Mr. N.A. Cowdrey, contra.

MR. CHIEF JUSTICE WAITE delivered the opinion of the court.

The Farmers' Loan and Trust Company, trustee for the bondholders secured by a mortgage of the Central Railroad Company of Iowa, whose claims amounted in the aggregate to $3,700,000, exclusive of interest, commenced a suit in the Circuit Court of the United States for the District of Iowa, Oct. 14, 1874, to foreclose the mortgage for the benefit of all parties interested...

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