Stewart v. Wisconsin Cent. Ry. Co.

Citations

• 117 F. 782
• 1902 U.S. App. LEXIS 5139

Syllabus

<p>1. Railroads—Claims against Receivers—Jurisdiction to Enforce against Purchaser.</p> <p>A federal court, which has sold railroad property in foreclosure proceedings, requiring the purchaser to assume and pay such claims against its receivers as it might subsequently direct, and reserving the right to retake and resell the property in default of such payment, has exclusive jurisdiction to enforce such requirement; and the purchaser has the right to invoke such jurisdiction for his protection against actions in a state court on claims against the receivers.</p> <p>2. Federal Courts—Injunction to Stay Proceedings in State Court.</p> <p>Rev. St. § 720, does not prevent a federal court from granting an injunction to stay proceedings in a state court for the protection of its own previously acquired jurisdiction.</p>