SELDEN v. EQUITABLE TRUST CO.


94 U.S. 419 (1876)

SELDEN v. EQUITABLE TRUST COMPANY.

Supreme Court of United States.


Attorney(s) appearing for the Case

Argued by Mr. Assistant Attorney-General Smith for the plaintiff in error, and by Mr. Augustus Brandegee and Mr. Jeremiah Halsey, contra.


MR. JUSTICE STRONG delivered the opinion of the court.

The Equitable Trust Company is a corporation created by the laws of the State of Connecticut, and its principal office or place of business is at New Haven, in that State. Its "only business has been and is the investing of its own capital in mortgage securities on real estate, and selling such mortgage securities with the company's guaranty. It does not collect or receive...

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