SIOUX CITY RAILROAD CO. v. N.A. TRUST CO.

No. 192.

173 U.S. 99 (1899)

SIOUX CITY TERMINAL RAILROAD AND WAREHOUSE COMPANY v. TRUST COMPANY OF NORTH AMERICA.

Supreme Court of United States.

Decided February 20, 1899.


Attorney(s) appearing for the Case

Mr. Henry J. Taylor and Mr. John C. Coombs for the Railroad and Warehouse Company.

Mr. Asa F. Call for the Trust Company. Mr. Joseph H. Call was on his brief.


MR. JUSTICE WHITE, after making the foregoing statement, delivered the opinion of the court.

The errors assigned and the discussion at the bar confine the question to be decided solely to the validity of the negotiable bonds of the Terminal Company which were issued to the Trust Company of North America, and which were sold in open market to innocent purchasers for value and the proceeds of which inured to the benefit of...

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