VANSTON BONDHOLDERS PROTECTIVE COMMITTEE
v.
GREEN ET AL.
Supreme Court of United States.https://leagle.com/images/logo.png
Argued October 22, 1946.
Decided December 9, 1946.
Attorney(s) appearing for the Case
George W. Jaques argued the cause for petitioner in Nos. 42 and 43. With him on the brief were LeWright Browning and Rudolf B. Schlesinger.
Robert J. Bulkley argued the cause and filed a brief for petitioner in Nos. 44 and 45.
Roger S. Foster argued the cause for the Securities & Exchange Commission, respondent. With him on the brief were Solicitor General McGrath, Philip Elman and Alexander Cohen.
Chas. I. Dawson argued the cause for Early et al., respondents. With him on the brief was A. Shelby Winstead.
Jay Raymond Levinson argued the cause for the Green Committee et al., respondents. With him on the brief was Oscar S. Rosner.
Supreme Court of United States.
MR. JUSTICE BLACK delivered the opinion of the Court.
December 2, 1930, a Kentucky District Court appointed an equity receiver of Inland Gas Corporation to take complete and exclusive control, possession, and custody of all of Inland's properties, and enjoined Inland's officers from paying its debts. At that time there was no interest unpaid on Inland's first mortgage bonds. February 1, 1931, semiannual interest coupons fell...
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