Porter v. Pittsburg Bessemer Steel Co.

Citations

• 120 U.S. 649
• 7 S. Ct. 741
• 30 L. Ed. 830
• 1887 U.S. LEXIS 2009

Syllabus

<p>In this case unsecured floating debts, due by a railroad company for construction, were, in the absence of a statutory provision, held not to be a lien on the railroad superior to the lieu of a valid mortgage on it, duly recorded, and of bonds secured thereby, and held by tona fide purchasers for value.</p> <p>The question of what is a final decree, from which an appeal can be taken, considered.</p>