12 Wis. 607 | Wis. | 1860
By the Court,
It appears to us that the resjDond-ents have shown good cause why there should be no stay of proceedings granted herein, as asked for by the apj)ellants. The suit was originally commenced in the Dodge circuit court, by the respondents, to foreclose a mortgage given upon the railroad and corporate property, to secure the payment of first mortgage bonds, and the interest upon the same. It was alleged in the complaint that the corporation was in a condition of insolvency, and that the mortgaged premises were a scanty security for the mortgage debt, and, among other things, it was asked that a receiver be appointed to take possession of the road, and the property and the franchises of the corporation, and run and operate the road, pending the suit. A receiver was appointed in conformity with the prayer of the complaint. The company and others in possession of the railroad, being dissatisfied, took an appeal from the order appointing a receiver, and gave an undertaking in the sum of two hundred and fifty dollars, conditioned according to law, and a further undertaking in the sum of ten thousand dollars (that being the sum fixed by the judge of said court), and conditioned in conformity with chapter 139 of the General Laws of 1859, to stay proceedings in the circuit court. And the appellants now ask that an injunction may issue, enjoining Joseph B. Eicklin, Levi Blossom, Lindsay Ward, Robert H. Lowery and others, from interfering with, or exercising any authority over, the railroad and its franchises. Some of these parties have obtained possession of the railroad, and are operating the same under and by virtue of certain legal proceedings, instituted in the United States district court, but to which it is not necessary more particularly to refer. The respondents, in answer to the rule to show cause why proceedings should not be stayed, produce a copy of an order which they, as attorneys for
Under these circumstances, it is very clear to our minds' tbat we ought not to grant an injunction to stay proceedings under this appeal. Tbe respondents have endeavored to discontinue tbe foreclosure suit in tbe Dodge circuit court, and have stipulated tbat tbe order made in tbat suit, appointing a receiver (which has been appealed to this court), might be rescinded and annulled. Now) whether tbe suit was absolutely out of court, when tbe respondents’ counsel entered tbe order of discontinuance with tbe clerk of tbe Dodge circuit court, and gave notice thereof, with an agreement to pay all costs to tbe adverse party, upon presentation of a taxed bill thereof, so tbat tbe Dodge circuit court bad no further jurisdiction over tbe same, and could make no order therein for tbe protection of the rights of all parties, and such as tbe justice and equity of tbe case might seem to require, is a question not necessary to be decided at tbe present time. It is said to be a'matter of course, to permit a complainant to dismiss bis bill at any time before interlocutory or final decree has been made in tbe cause, upon payment of costs. Cummins vs. Bennett, 8 Paige, 79; Saxton vs. Stowell, 11 id., 526; Simpson vs. Brewster, 9 id., 245; James vs. Delavan, 7