Summary

Portrait of William R. Day William R. Day Houghton v. Cortelyou — Opinion of the Court

On general principles the same reason applies where, instead of a pledge of money or property, a party is required to give bond to answer the damage which the adverse party may sustain by the action of the court. In the course of the cause, or at the final hearing, it may manifestly appear that such an extraordinary security ought not to be retained as a basis of further litigation between the parties
Source: Wikisource

Portrait of William R. Day William R. Day Houghton v. Cortelyou — Opinion of the Court

The judgment of the Court of Appeals, giving damages for the entire period of the litigation and until the legal rate of postage was paid by appellants, should be modified so as to include only damages for the period covered by the restraining order, as above stated, and, as so modified, affirmed, costs in this court to be equally divided.
Source: Wikisource

Portrait of William R. Day William R. Day Houghton v. Cortelyou — Opinion of the Court

The District supreme court entered a decree setting aside its original decree, and dismissed the bill, and dissolved the injunction theretofore granted, but being of opinion that, as matter of law, the complainants and sureties on the injunction bond given in the case were not liable to damages thereon, the motion for ascertainment of damages upon such undertaking was overruled and denied, and the injunction undertaking canceled and annulled.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature