HARRIS TRUST & SAVINGS BANK v. CHICAGO RYS. CO.

No. 6839.

39 F.2d 958 (1929)

HARRIS TRUST & SAVINGS BANK v. CHICAGO RYS. CO. et al.

District Court, N. D. Illinois, E. D.

July 16, 1929.


Attorney(s) appearing for the Case

Henry S. Robbins, of Chicago, Ill., for Orville E. Babcock and others.

Tenney, Harding, Sherman & Rogers, of Chicago, Ill. (Horace Kent Tenney, of Chicago, Ill., of counsel), for Harris Trust & Savings Bank.

Harold Smith, of New York City, and Sidney C. Murray, of Chicago, Ill., for Westinghouse Electric & Manufacturing Co.

Charles S. Babcock, of Chicago, Ill., for Chicago Railways Co.

Weymouth Kirkland and James M. Sheean, both of Chicago, Ill., for receivers of Chicago Railways Co.

David O. Dunbar and Daniel J. Schuyler, both of Chicago, Ill., for trustee under consolidated mortgage.

Edwin H. Cassels and David O. Dunbar, both of Chicago, Ill., for trustee under purchase-money mortgage.

Pam & Hurd, of Chicago, Ill., for trustee under income adjustment mortgage.

Samuel A. Ettelson, Corp. Counsel, of Chicago, Ill., for City of Chicago.


WILKERSON, District Judge.

The questions raised by the various motions which were set for hearing and disposition on June 25th are so interrelated, and the arguments upon said several motions covered so wide a field (comprehending steps taken and orders entered from the very inception of the receivership proceedings), that it seems desirable to file this memorandum stating the conclusions of the court and the reasons therefor.

The motions argued on June 25th...

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