Supreme Court of the United States May 16, 1927, 577 (St. Louis & San Francisco Railroad v. Spiller)

*307

Mr. Justice Brandéis

delivered the opinion of the Court.

In 1913, the federal court for eastern Missouri appointed receivers for the St. Louis and San Francisco Eailroad. In 1916, the system was sold on foreclosure, was purchased for the Eeorganization Committee and was conveyed to the St. Louis-San Francisco Eailway Company, which has operated it since.