McCleery v. McCleery Lumber Co.

The opinion of the court was delivered by

Sloan, J.:

This action was originally a suit to liquidate and wind up the affairs of the McCleery Lumber Company. The action was filed January 23, 1918, by T. F. McCleery and A. B. Vaughn, two stockholders who also were directors. A receiver was appointed and directed to take charge of the assets of the company. This casé has been before this court on four previous occasions, and opinions have been written which have recited the facts. Ordinarily it would not be necessary to repeat the history of the case. In view, however, of the peculiar questions…