The Farmers'loan and Trust Co.

Citations

• 129 U.S. 206
• 9 S. Ct. 265
• 32 L. Ed. 656
• 1889 U.S. LEXIS 1680

Syllabus

<p>An order of a Circuit Court of the United States, in a suit in equity for the foreclosure of a mortgage upon the property of a railroad company, that the receiver of the mortgaged property may borrow money and issue certificates therefor to be a first lien upon it, made after final decree of foreclosure, and after appeal therefrom to this court, and after the filing of a supersedeas bond, establishes, if unreversed, the right of the holders ' of the certificates to priority of payment over the mortgage bondholders, and is a final decree from which an appeal may be taken to this court.</p>