JOSEPH PHIPPS ET AL.
v.
CHICAGO, ROCK ISLAND & PACIFIC RAILWAY COMPANY

U.S. | 1923-06-04
No. 835
262 U.S. 762 Supreme Court of the United States (1923) Positive Treatment
Cited by 2 cases

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  • ….R. 541, 563; Note, 1 V. of Chi. L.R. 805, 807. With one notable exception, Phipps v. Chicago, Rock Island R. I. & P. R. Co., 8 Cir., 284 F. 945, 28 A.L.R. 1184, certiorari granted 261 U.S. 611, 43 S.Ct. 363, 67 L.Ed. 826, dismissed per stipulation 262 U.S. 762, 43 S. Ct. 701, 67 L.Ed. 1221, the device of the judicial sale at a fair upset price was the standard means of securing majority control in reorganization through equity receivership before the Bankruptcy power in secs. 77, 77B and Chapter X enabled…

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