United States v. Sioux City & Pacific R. Co.,
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99 U.S. 491 (1878)
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U.S. Supreme Court
United States v. Sioux City & Pacific R. Co., 99 U.S. 491 (1878)
United States v. Sioux City & Pacific R. Co.
99 U.S. 491
The ruling in Union Pacific Railroad Company v. United States, supra, p. 99 U. S. 402; that the United States is not entitled to recover if, during the period for which it claims the five percent of the net earnings of any road, to aid in the construction of which the bonds of the United States were granted under the Pacific Railroad acts, such earnings were absorbed by the interest accruing on the first mortgage bonds of the company, reaffirmed.
The facts are stated in the opinion of the Court.