Dwight v. Scranton & Watson Lumber Co.
Michigan Supreme Court
Appeal from Wayne. (Speed, J.) Bill to enforce trusts under assignment by appointment of receiver, etc., and petition by mortgagee for payment of her mortgage. Appeal by receiver from order directing payment of mortgage debt. The facts are stated in the opinion.
1Opinion of the CourtChamplin, J.
Defendant Stebbins is the receiver of the •Scranton & Watson Lumber Company, which, on the nineteenth day of August, A. D. 1886, executed a common-law assignment for the benefit of all of its creditors, without preferences, to one James Dewey. He having failed to qualify, defendant was, on application of certain creditors, appointed receiver by the circuit court for the county of Wayne to execute the trusts of the assignment.
The assignor was a corporation organized under the laws of this State. The corporators were J. P. Scranton, Harvey M. Mixer, and Joseph E. Watson. Prior to the…
2Cases cited1 opinion
- Heineman v. HartMichigan Supreme Court · 1884
3Cited by3 opinions
- Waggoner-Gates Milling Co. v. Ziegler-Zaiss Commission Co.Supreme Court of Missouri · 1895
- Burnham v. HaskinsMichigan Supreme Court · 1889
- Michigan Trust Co. v. WebberMichigan Supreme Court · 1896