(Download) "City New York v. New York" by Supreme Court of the United States # eBook PDF Kindle ePub Free
eBook details
- Title: City New York v. New York
- Author : Supreme Court of the United States
- Release Date : January 12, 1953
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 58 KB
Description
The question presented is whether under the circumstances of this case reorganization of the respondent railroad under § 77 of the Bankruptcy Act destroyed and barred enforcement of liens which New York City had imposed on specific parcels of the railroads real estate for street, sewer and other improvements. The improvements were made and the liens were all laid prior to 1931. Reorganization was begun in the District Court in 1935. Subsequently, acting pursuant to subdivision (c)(7) of § 77 the court issued an order directing "creditors" to file their claims by a prescribed date, after which unfiled claims would be denied participation except for "cause shown." The railroad was required to mail copies of the order to mortgage trustees or their counsel and to all creditors who had already appeared in court. Other creditors had to depend for their notice on two once-a-week publications of the order in five daily newspapers, one of which was the Wall Street Journal. New York thus received no copy of the bar order. Its lien claims were never filed.
 "City New York v. New York" by Supreme Court of the United States # eBook PDF Kindle ePub Free){kind=link}