Mills v. Hendershot

Emery, Y. C.

The receiver of an insolvent corporation files this bill against the defendants, Hendershot, Welsh and Downs, three of the fonr *260stockholders of the company, and the administrator of the only remaining stockholder, E. D. Stephens, who is deceased. Eor the purpose of 'paying the debts of the insolvent corporation, a recovery is sought upon three classes of alleged liabilities. Against the two defendants, Hendershot and the administrator of Stephens, the receiver claims the value of goods of the corporation taken by Hendershot and Stephens on a partial division of its assets made…