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CONTINENTAL SECURITIES CO. v. MICHIGAN CENT. R. CO.

No. 4605.

16 F.2d 378 (1926)

CONTINENTAL SECURITIES CO. v. MICHIGAN CENT. R. CO. et al.

Circuit Court of Appeals, Sixth Circuit.

As Amended on Application for Rehearing, December 16, 1926.

Attorney(s) appearing for the Case

Orla B. Taylor, of Detroit, Mich., and Frederick A. Henry, of Cleveland, Ohio (Snyder, Henry, Thomsen, Ford & Seagrave, of Cleveland, Ohio, on the brief), for appellant.

A. C. Angell, of Detroit, Mich., and Alex S. Lymand, of New York City (Frank E. Robson, of Detroit, Mich., on the brief), for appellees.

Before DENISON, DONAHUE, and MOORMAN, Circuit Judges.

DENISON, Circuit Judge.

In 1898, the Vanderbilt families owned controlling interests in the stock of the Lake Shore & Michigan Southern Railroad and of the Michigan Central Railroad. They also owned the controlling interest in the New York Central & Hudson River Railroad. At that date they caused the New York Central & Hudson River to purchase this control of stock of each of the other railroads. This relationship continued until 1914, at which date the...

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