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" He generally takes the property out of the hands of its owner, operates the road in his own way, with an occasional suggestion from the court, which he recognizes as a sort of partner in the business ; sometimes, though very rarely, pays some money on... "
The Science of Railways - Page 245
by Marshall Monroe Kirkman - 1904
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Albany Law Journal, Volume 32

Law - 1886 - 546 pages
...court, which he recognizes as a sort of partner in the business; sometimes, though very rarely, pays some money on the debts of the corporation, but quite...to them, and injures prior creditors by creating a iiew and superior lieu on the property pledged to them." Nor is this progress " wholly the work of...
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The American and English Railroad Cases: A Collection of All the Railroad ...

Lawrence Lewis, Adelbert Hamilton, John Houston Merrill, William Mark McKinney, James Manford Kerr, John Crawford Thomson - Railroad law - 1882 - 722 pages
...on the debt of the corporation, but quite as often adds to the sum of these debts, and injures the prior creditors by creating a new and superior lien on the property pledged to them. All this time the receiver, in the use of the company's road and rolling-stock, is performing the functions...
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Railway Rates and Government Control: Economic Questions Surrounding These ...

Marshall Monroe Kirkman - Railroads - 1892 - 366 pages
...the business; sometimes, though very rarely, pays some money on the debts of the corporation, T>ut quite as often adds to them, and injures prior creditors...competition and strife of carriers, the Professor does not see at all. of their property ! ! an opportunity and excuse for owners and managers proving...
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Railway Rates and Government Control: Economic Questions Surrounding These ...

Marshall Monroe Kirkman - Railroads - 1892 - 368 pages
...court, which he recognizes as a sort of partner in the husiness; sometimes, though very rarely, pays some money on the debts of the corporation, but quite...superior lien on the property pledged to them."— 104 U. 8. 137. f The improvement of the service, the cheapened devices and low rates that we owe to the...
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A Treatise on Federal Practice in Civil Causes: With Special ..., Volume 1

Roger Foster - Courts - 1892 - 812 pages
...court, which he recognizes as a sort of partner in the business, sometimes, though very rarely, pays some money on the debts of the corporation, but quite...and superior lien on the property pledged to them." m In a recent case, the court refused to appoint a receiver of a disused and independent railroad track...
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Compendium of Transportation Theories: A Compilation of Essays Upon ...

Railroads - 1893 - 308 pages
...partner in the business ; somec times, though very rarely, pays some money on the debts of the r<- corporation, but quite as often adds to them, and...superior lien on the property ' ' pledged to them." Another, and so far as can be judged without previous trial, a preferable theory, is to combine the...
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A Practical Treatise on the Law of Receivers: With Extended Consideration of ...

Charles Fisk Beach (Jr.) - Receivers - 1897 - 1042 pages
...on the debt of the corporation, but quite as often adds to the sum of these debts, and injures the prior creditors by creating a new and superior lien on the property pledged to them. All this time the receiver, in the use of the company's road and rolling stock, is performing the functions...
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TeV physics

1902 - 478 pages
...on the debt of the corporation, but quite as often adds to the sum of these debts, and injures the prior creditors by creating a new and superior lien on the property pledged to them. All this time the receiver, in the use of the company's road and rolling stock, is performing the function...
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Basis of Railway Rates and Private Vs. Governmental Management of Railroads ...

Marshall M[onroe] Kirkman - Railroads - 1905 - 378 pages
...court, which he recognizes as a sort of partner iu the business; sometimes, though very rarely, pays some money on the debts of the corporation, but quite...superior lien on the property pledged to them."— 104 U. 8. 137. f The improvement of the service, the cheapened devices and low rates that we owe to the...
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Speeches and State Papers of James Stephen Hogg, Ex-governor of Texas: With ...

James Stephen Hogg - Governors - 1905 - 470 pages
...court, which he recognizes as a sort of partner in the business ; sometimes, though very rarely, pays some money on the debts of the corporation, but quite...and superior lien on the property pledged to them." The warning of this great man, coupled with this severe criticism made by the Supreme Court of the...
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