Legal Opinion

Stone v. Jewett, Bigelow & Brooks Coal Co.

Court of Chancery of Delaware

Decided June 13, 1924PublishedCited by 3 opinions

1Opinion of the Court

The Chancellor.

The appointment of a receiver under the statute is a matter that lies in the discretion of the Chancellor. Jones v. Maxwell Motor Co., 13 Del. Ch. 76, 115 Atl. 312. The fact that a foreign court has taken charge of the assets of a Delaware *257corporation located within its jurisdiction and appointed a receiver therefor with powers not alone over the assets but as well with powers of a general nature over the corporation, does not oust the Court of Chancery of this State from its jurisdiction under the statute to appoint a general receiver. Frankland v. Remington Phonograph Corp.,…

2Cases cited3 opinions

  1. Jones v. Maxwell Motor Co.Court of Chancery of Delaware · 1921
  2. Hitchcock v. American Pipe & Construction Co.New Jersey Court of Chancery · 1918
  3. Frankland v. Remington Phonograph Corp.Court of Chancery of Delaware · 1922

3Cited by3 opinions

  1. Manning v. Middle States Oil Corp.Court of Chancery of Delaware · 1927
  2. Umland v. United Public Service Co.Supreme Court of New Jersey · 1932
  3. Rogers v. Bancokentucky Co.Court of Chancery of Delaware · 1931

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