1. Home
  2. Browse Decisions
  3. U.S.
  4. 315 U.S.
  5. 315 U.S. 44 (1942)
 

U.S. v. JOLIET & CHICAGO R. CO.

No. 151.

315 U.S. 44 (1942)

UNITED STATES v. JOLIET & CHICAGO RAILROAD CO.

Supreme Court of United States.

Decided January 19, 1942.

Attorney(s) appearing for the Case

Mr. Arnold Raum argued the cause, and Solicitor General Fahy and Mr. J. Louis Monarch were on a brief, for the United States.

Mr. Arthur D. Welton, Jr., with whom Messrs. Silas H. Strawn, Frank H. Towner, and Edward G. Ince were on the brief, for respondent.

MR. JUSTICE DOUGLAS delivered the opinion of the Court.

By an indenture denominated a "lease," respondent in 1864 granted, demised and leased to Chicago & Alton Railroad Co. all of its railroad property, real and personal. The "lease" was in perpetuity upon specified terms and conditions. The Chicago & Alton Railroad Co. covenanted and agreed, inter alia, to guarantee and pay quarterly to the holders of the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases