Detroit Trust Co. v. The Thomas Barlum
United States Supreme Court
293 U.S. 21, 55 S.Ct. 31, 79 L.Ed. 176, 1934 AMC 1417 (1934)
- Written by Carolyn Strutton, JD
Facts
The Detroit Trust Co. (plaintiff) held mortgages over two ships owned by the Barlum Steamship Company (Barlum) (defendants). Detroit Trust brought a complaint in admiralty to foreclose on the mortgages under the provisions of the Ship Mortgage Act of 1920. Barlum contended that there was no admiralty jurisdiction over ship mortgages. The district court overruled Barlum’s contention and entered decrees of foreclosure and for the sale of the ships. Barlum appealed. The circuit court of appeals reversed the district court’s ruling, holding that the complaint should have been dismissed for lack of jurisdiction. The United States Supreme Court granted certiorari.
Rule of Law
Issue
Holding and Reasoning (Hughes, C.J.)
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