Summary

Samuel Blatchford Olcott v. Headrick — Opinion of the Court

Although the decree of sale provided that all claims, debts, and demands accruing during the receivership should be barred unless presented within six months after the confirmation of the sale, yet the decree of confirmation provided that the purchasers should take the property, and that the deed should recite that they took it, subject to all debts, claims, and demands, of whatsoever nature, incurred by the receiver, and which might remain unpaid at the termination of his receivership.
Source: Wikisource

Samuel Blatchford Olcott v. Headrick — Opinion of the Court

If the purchasers had objected to the decree of confirmation because it destroyed the six-months limitation, they could either have asked the court not to insert such a provision, and, on its refusal, have appealed to this court, or have declined to be bound by the sale, on the ground that the new terms varied from those contained in the decree of sale.
Source: Wikisource

Samuel Blatchford Olcott v. Headrick — Opinion of the Court

A bill in equity was filed in the circuit court of the United States for the eastern district of Tennessee by the Central Trust Company of New York against the East Tennessee, Virginia & Georgia Railroad Company, the Tennessee State Line Railroad Company, and one Thomas, to foreclose a mortgage given june 15, 1881, by the first-named railroad company to the trust company, on its property situated in Tennessee, Georgia, Alabama, and Mississippi.
Source: Wikisource

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