Plaintiffs are holders of defaulted bearer bonds from two series of such instruments issued in 1902 by the National Railway Company of Mexico, a Utah corporation. The first series of bonds, referred to in this litigation as the "Debt 17 Bonds", was comprised of prior lien gold bonds due on October 1, 1926, and the second, referred to as the "Debt 18 Bonds", of consolidated mortgage bonds due on October...
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