Post v. Building & Loan Ass'n

This is a bill filed to wind up the defendant company as an insolvent corporation, and to properly and equitably distribute its assets. It was filed by a shareholder and creditor. The association answered and admitted its insolvency, and a decree was pronounced maintaining the bill as a general creditors’ bill, adjudging the corporation as insolvent, and requiring all creditors to come in and *410file their claims, and a receiver was appointed. The Chancellor passed upon the rights of the various parties, and gave decree accordingly. The case was appealed, and the Court of Chancery Appeals has…