Drury v. Doherty

This is one of a series of applications made to the court

involving the disposition of certain funds belonging to the Sinaloa Exploration and Development Company, a Delaware corporation. These moneys are the proceeds of a settlement of the main action as against defendant Doherty and are now held by the receivers appointed by this court under order to retain custody pending the determination of a proceeding in the domicilary State as to which one of two rival boards of directors is the legally constituted body. An intelligent understanding of the situation upon these motions requires a brief…