Walser v. Northern Valley Building Corp.

The opinion of the court was delivered by .

Lloyd, J.

The appeal in this case is from an order of the court of chancery directing the receiver of the Northern Valley Building Corporation to pay the current taxes on an apartment house in the city of Englewood.

The receiver was appointed September 17th, 1928, and in the order of appointment he was directed to continue the business of the corporation, which consisted only of operating the apartment house property. During the period of operation by the receiver the taxes on the property for the year 1929 fell due, and the Central Storage and Realty…