Polhemus v. Fitchburg Railroad Co.
Polhemus v. Fitchburg Railroad Co.
Opinion of the Court
The plaintiff is the holder of ten interest coupons of thirty-five dollars each, issued by the Troy and Boston Railroad Company as part of certain mortgage bonds. Her claim is that the defendant by reason of an agreement with the Troy and Boston Railroad Company has become liable for their payment. The courts below have sustained that claim, and the defendant having appealed from the
Nor are the reasons given for putting the case on the present calendar sufficient in any other view. The most that can be said is, that two corporations differ in their construction of a mutual agreement and in the meantime neither fulfills its obligation to the holder of its securities. Such defaults are not so uncommon as to require special attention, and those who suffer have no better position than ordinary litigants.
The motion should be denied, but without costs.
All concur.
Reference
- Full Case Name
- Maria T. Polhemus v. The Fitchburg Railroad Company
- Status
- Published