Falkenbach v. Patterson
Ohio Supreme Court
Error to the District Court of Eranklin county. These cases are alike in legal principles. In March of the year 1877, William.
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Error to the District Court of Eranklin county. These cases are alike in legal principles. In March of the year 1877, William. M. Patterson, as receiver of the Ohio Life Insurance Company, commenced his actions in the court of common pleas of Eranklin county, one against Joseph Ealkenbaeh, and William D. Hill, superintendent of life insurance for the state of Ohio, and others, the object and- purpose of which was the foreclosure of a mortgage claimed to have been executed by Joseph Ealkenbaeh to the company, to secure the payment of the note of Ealkenbaeh described in the petition; and the…
1Opinion of the CourtEollett, J.
Section 5658 Revised Statutes provides that: “ Such receiver shall be vested with all the estate, real or personal, of the corporation, from the time of his having filed the security hereinbefore required, and shall be trustee of such estate for the benefit of the creditors of the corporation and its stockholders; and he shall have all the power and authority conferred by law upon trustees to whom assignments are made for the benefit of creditors.”
William M. Patterson, as receiver of the Ohio Life Insurance Company, is in the place of the company, and has only the same rights that the company…
2Cases cited3 opinions
- Bell v. ShibleyNew York Supreme Court · 1861
- Coope v. BowlesNew York Supreme Court · 1865
- Lincoln v. FitchSupreme Judicial Court of Maine · 1856