(DOWNLOAD) "Morley v. Lake Shore and Michigan Southern Railway Company." by Supreme Court of the United States # Book PDF Kindle ePub Free
eBook details
- Title: Morley v. Lake Shore and Michigan Southern Railway Company.
- Author : Supreme Court of the United States
- Release Date : January 14, 1892
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 84 KB
Description
John S. Prouty, of the city and State of New York, was a holder and owner of certain preferred and guaranteed stock of the Michigan Southern and Northern Indiana Railroad Company. This stock was issued in the city of New York, in the year 1857, and the guaranteed dividends and interest were to be there paid. Subsequently, it being alleged that the said company was in arrears of dividends and interest due Mr. Prouty as holder and owner of its stock, an action was commenced by him in the Supreme Court of the State of New York in and for the city and county of New York, special term, upon the equity side, to compel the said company specifically to perform its contract and agreement with him. During the pendency of the action, evidence was produced tending to show that, after the commencement of the same, the said company was, with various other companies, merged of consolidated into the Lake Shore and Michigan Southern Railway Company, the present defendant in error. Upon this evidence the consolidated company was permitted to be brought in as defendant by supplemental complaint. In pursuance of this complaint, after a trial at special term, the Supreme Court, on motion, decreed that the railroad company should specifically perform all and every act and acts necessary and proper for