Transit Improvement Co. v. Springfield Railway Co.

30 Ohio N.P. (n.s.) 499, 1930 Ohio Misc. LEXIS 1236
CourtClark County Court of Common Pleas
DecidedMay 3, 1930
StatusPublished

This text of 30 Ohio N.P. (n.s.) 499 (Transit Improvement Co. v. Springfield Railway Co.) is published on Counsel Stack Legal Research, covering Clark County Court of Common Pleas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Transit Improvement Co. v. Springfield Railway Co., 30 Ohio N.P. (n.s.) 499, 1930 Ohio Misc. LEXIS 1236 (Ohio Super. Ct. 1930).

Opinion

Davis, J.

The matter now before the court is a question of priority of alleged liens against the property and franchise of the defendant, the Springfield Railway Company. It is raised by the allegations of certain pleadings filed by two of the parties in this cause and an agreed statement of facts by the same parties. These pleadings are the cross-petition of the Real Estate Land Title & Trust Company, the answer and cross-petition of the city of Springfield, and the replies of the parties.

The Real-Estate Land Title & Trust Company assert a lien upon all the property and franchise of the Springfield Railway Company, by virtue of two mortgages executed by the said the Springfield Railway Company to the predecessor of the Trust Company as trustee for the holders of certain bonds of the said Springfield Railway Company.

The city of Springfield alleges liens upon all the property and franchise of the Railway Company by virtue of alleged defaults by the said Railway Company of its obligations under the said franchise.

Each of these two parties contend that their respective liens are entitled to priority over the lien, or alleged lien, of the other.

The claims set up by the city in its first, second and third causes of action are for the annual payment to the city by the defendant company of one and a quarter (I-14) per cent of its gross earnings, as provided in Section 28 of the original franchise contract.

The city contends, in argument, that certain of these Sums now unpaid should be held to be liens upon the property of the defendant company, superior to the liens of the mortgage held by plaintiff, although in the prayer of its answer and cross-petition, the city only asks for judgment upon these items, and not that they be found to be preferred claims.

However, this point may be disposed of by considering the contention and argument of the city that they constitute liens.

[501]*501Such sums as have accrued under this provision of the franchise up until appointment of the receiver in this case, and still remain unpaid are simply unpaid obligations or debts of the defendant company, which cannot be construed as a lien against its property. They represent the compensation which the city received for the exercise of the franchise by the company, and are part of the consideration of the original franchise contract.

Moreover, while the contracting parties undertook to provide what obligations should be liens against the property of the plaintiff, the language of those provisions cannot be construed to include those annual payments. So we must hold that what was not included, is properly excluded.

But the situation is different under the receivership. In the entry appointing the receiver, the court authorizes the receiver to take possession of and to run, manage and operate the said properties and assets of the defendant here, and “to exercise the authority and franchise of the defendant. * * * Said receiver is hereby authorized to collect and receive the rents, income, tolls and profits of the property and assets of the defendant and to make appropriate payments therefrom.”

The court cannot instruct and empower the receiver to exercise the authority and franchise of the defendant, and to accept the fruits and profits thereof for the benefit of one of the parties, but not of the other.

The argument is presented that the receiver has not adopted the franchise contract. It is not for the receiver to say what he has or has not adopted. He was appointed by a former judge of this court, and is clothed with such powers and duties as the court, in its discretion, saw fit to give him. It is difficult to see how he could “exercise the authority and franchise of defendant” without recognizing the contract from which the franchise springs.

The court, therefore holds that the annual payments which have accrued under the receivership have priority over earlier liens, not because such payments are liens, but because they..are obligations.arising.under the receivership.

[502]*502The claim set up in the fifth cause of action in the answer and cross-petition of the city may be disposed of briefly. This is the alleged lien for the improvement of the property and road-bed of the defendant by the city.. The improvement was made in 1919 under supposed authority of what were then Sections 3812-2 and 3812-3 of the General Code.

These statutes were afterwards held by the Supreme Court of Ohio to be unconstitutional, in Cincinnati v. Harth, 101 O. S. 344, as in violation of Section 6, Article VIII of the Constitution of Ohio, which provides:—

“No laws shall be passed authorizing any county, city, town or township-, by vote of its citizens, or otherwise, to become a stockholder in any joint stock company, corporation or association whatever; or to raise money for, or to loan its credit to, or in aid of, any such company, corporation or association.”

It is a familiar rule of law that where the parties have placed themselves in the position of attempting to execute a contract which the law forbids, the court will leave them where it finds them.

It thus becomes a serious question whether or not the city is entitled to even a judgment upon this cause of action, but without deciding that point, it certainly can assert no lien under it. The parties to the franchise contract can only be held to have contemplated such liens as are created by the valid exercise of the contract.

The claim of the city that it is subrogated to the rights of the railway company, or acquired an ownership of the property, or that the railway company is estopped, cannot avail it to the damage of prior lienholders who were not parties to the invalid proceeding.

However, this contention might become important if the property should be sold for enough to pay all preferred obligations and leaving a surplus belonging to the railway company and its general creditors. This consideration brings out the unusual character of this proceeding in determining priorities of liens before any judgment or order of sale has been made.

The claim set up in the fifth cause of action will therefore be denied to the extent as herein indicated.

[503]*503The fourth cause of action presents a more serious question than the others, not only as a proposition of law, but also as to the extent of the interests involved.

It is a question as to the priority of liens between the mortgage of the plaintiff upon all the property of the defendant company given to secure bond holders, and the lien of the city for the company’s share of the expenses of street improvements.

Many of the cases cited and much of the argument of counsel, is the enunciation of the law as between private interests. Such is not necessarily controlling in a case of the nature we have here where there is a conflict between private interests represented by the trustee as mortgagee for the benefit of the bondholders, and the interests of the general public and sovereign power of the state, as represented by the city.

The rule with which the rights and obligations of the re-, spective parties is measured, is not the same in both types of cases.

In the case of Cleveland Railway Company v. Cleveland, 97 O. S., 122, after directing attention to the section of our Constitution which declares:—

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Bluebook (online)
30 Ohio N.P. (n.s.) 499, 1930 Ohio Misc. LEXIS 1236, Counsel Stack Legal Research, https://law.counselstack.com/opinion/transit-improvement-co-v-springfield-railway-co-ohctcomplclark-1930.