previous next

Decision against the Government in the case of the Indian trust bonds,

--In the United States District Court for the Southern district of New York, on Saturday last, Judge Smalley delivered an oral opinion in the case of the United States against Goddard Bailey, and the Bank of the Republic and others.--The Government in this case sought to compel the defendants to deliver such of the stolen bonds as they might have in their possession. The parties who were thus proceeded against was the Bank of the Republic; Clark, Dodge & Co.; Thompson Brothers, and Richard Schell. The Judge decided that the bonds in question were negotiable, and were negotiated in the regular course of business. All parties who had received them in good faith, and without notice of their abstraction, were bona fide holders, and could not be called upon to deliver them up except in due course of redemption. The temporary injunctions obtained by the Government were therefore all vacated.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Sort places alphabetically, as they appear on the page, by frequency
Click on a place to search for it in this document.
United States (United States) (1)
hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
Smalley (1)
Richard Schell (1)
Dodge (1)
James N. Clark (1)
Goddard Bailey (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: