Legal Opinion

Clarke v. Central Railroad & Banking

U.S. Circuit Court for the Southern District of Georgia

Decided April 17, 1893PublishedCited by 1 opinion

In Equity. Petition by H. M. Comer, receiver of tbe property of the Central Railroad & Banking Company of Georgia, for an order authorizing the payment of certain expenses.

1Opinion of the Court

SPEER, District Judge.

On March 31, 1893, H. M. Comer, receiver, made his sworn statement and petition to the court, asking that certain expenses, amounting to $7,975.15, stated to have been incurred by a reorganization committee which had, at the request of the Central Railroad & Banking Company of Georgia, through the formal action of its board of directors, undertaken to formulate and perfect a plan to relieve that corporation from the financial embarrassment under which it was then suffering, should be approved by the chancellor, so as to make the same chargeable against the equity of…

2Cited by1 opinion

  1. Deputy v. Delmar Lumber Manufacturing Co.Court of Chancery of Delaware · 1913

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