PALMER v. WEBSTER & ATLAS BANK

No. 120.

312 U.S. 156 (1941)

PALMER ET AL., TRUSTEES, v. WEBSTER AND ATLAS NATIONAL BANK OF BOSTON, TRUSTEE.

Supreme Court of United States.

Decided February 3, 1941.


Attorney(s) appearing for the Case

Mr. Hermon J. Wells for petitioners.

Mr. Robert H. Davison, with whom Mr. Oscar W. Haussermann was on the brief, for respondent.

By special leave of Court, Mr. Robert H. Hopkins for the City of Boston, as amicus curiae, urging affirmance.


MR. JUSTICE ROBERTS delivered the opinion of the Court.

In proceedings for the reorganization of the New York, New Haven and Hartford Railroad under § 77 of the Bankruptcy Act,1 the District Court, in response to a petition of the trustees, ordered them to withhold payment of taxes assessed upon the property of Boston Terminal Company and franchise taxes and bond interest owed by the same company.2 The...

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