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YAZOO & M.V.R.R. CO. v. CLARKSDALE

No. 15.

257 U.S. 10 (1921)

YAZOO & MISSISSIPPI VALLEY RAILROAD COMPANY ET AL. v. CITY OF CLARKSDALE.

Supreme Court of United States.

Decided November 7, 1921.

Attorney(s) appearing for the Case

Mr. H.D. Minor, with whom Mr. Charles N. Burch and Mr. Blewett Lee were on the briefs, for plaintiffs in error and petitioners.

Mr. Gerald Fitzgerald, with whom Mr. Geo. F. Maynard and Mr. W.W. Venable were on the briefs, for defendant in error and respondent.

MR. CHIEF JUSTICE TAFT delivered the opinion of the court.

This is a controversy over the ownership of 250 shares of the stock of the Louisville, New Orleans & Texas Railway Company, a corporation of Mississippi. The City of Clarksdale acquired the stock in 1891, in consideration of $25,000 of bonds issued by it to aid in the construction of a new branch of the Railway Company in which it was interested. The certificate...

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