Henn v. Hendricks

The opinion of the court was delivered by

Gummere, Chief-Justice.

In August, 1937, one Heath, a stockholder of Clifford J. Heath, Incorporated, filed a bill of complaint setting forth that the corporation could not continue its business with safety to the public and its creditors and advantage to the stockholders, and asked for the appointment of a receiver to take possession of the property of the company as a preliminary to the winding up of the corporation. Henn, the present appellant, was made a party to this litigation, but the bill was afterwards dismissed as to him upon his own…