U.S. Supreme Court
Huidekoper v. Locomotive Works, 99 U.S. 258 (1878)
Huidekoper v. Locomotive Works
99 U.S. 258
The ruling in Fosdick v. Schall, supra, p. 235, that the funds in the hands of a receiver of a railroad appointed in a suit to foreclose a mortgage executed by the company must be applied to the satisfaction of the lien of the mortgage creditors and not to the payment of debts due to the general creditors of the company, reaffirmed and applied to this case.
The facts are stated in the opinion of the Court.