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 245by Marshall Monroe Kirkman - 1904Full view - About this book
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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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