Turner v. Lumber Co.

The bill in this case is a general creditor’s bill, filed to wind up the defendant com*3pany as an insolvent domestic corporation. It was sustained as a general creditors’ bill, and such steps were taken as that the property of the corporation was sold under the orders of the Court, and the proceeds are in the hands of a receiver or trustee, to be distributed as the Court may direct. Childress, Martin and DeArmond are creditors who had executions levied on certain personal property, consisting of machinery belonging to the corporation before the bill in this case was filed. The case comes to…