Case Name: William A. Campbell et al., Constituting the Bondholders' Protective Committee for the Holders of First Lien and Refunding Mortgage 5% Bonds, Issued by Hudson & Manhattan Railroad Company, et al., on Their Own Behalf and on Behalf of All Other Holders of Said Bonds, Respondents-Appellants, v. Hudson & Manhattan Railroad Company, Appellant-Respondent, et al., Defendants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1953-10-20
Citations: 282 A.D. 864
Docket Number: 
Parties: William A. Campbell et al., Constituting the Bondholders’ Protective Committee for the Holders of First Lien and Refunding Mortgage 5% Bonds, Issued by Hudson & Manhattan Railroad Company, et al., on Their Own Behalf and on Behalf of All Other Holders of Said Bonds, Respondents-Appellants, v. Hudson & Manhattan Railroad Company, Appellant-Respondent, et al., Defendants.
Judges: 
Reporter: Appellate Division Reports
Volume: 282
Pages: 864–864

Head Matter:
William A. Campbell et al., Constituting the Bondholders’ Protective Committee for the Holders of First Lien and Refunding Mortgage 5% Bonds, Issued by Hudson & Manhattan Railroad Company, et al., on Their Own Behalf and on Behalf of All Other Holders of Said Bonds, Respondents-Appellants, v. Hudson & Manhattan Railroad Company, Appellant-Respondent, et al., Defendants.

Opinion:
The injunctive and directive provisions of the judgment are warranted as protective measures. The allowance of a counsel fee to plaintiffs is also warranted as the plaintiffs virtually acted in the position of the trustee. It also appears that in fact the services of plaintiffs' counsel were for the benefit of the defendant company. Judgment unanimously affirmed. Present — Peek, P. J., Cohn, Breitel, Bastow and Botein, JJ.; Cohn, J., taking no part. [See post, p. 935.]