Morgan Sash & Door Co. v. Hudson

In Re Hudson, 258 Mich. 176, creditors of the Hudson Lumber Company filed exceptions to the account and report of the receivers, alleging bad faith in selling, for less than its market value, a contract interest of the company in 17 acres of land on Warren avenue in the city of Detroit. In the circuit court the account was modified and allowed and, upon review by the creditors, we had before us a voluminous record showing in detail all transactions by the receivers respecting disposition of the 17 acres of land and the relation between the receivers and the purchasers. The facts are fully set…