Estate of Studstill v. American Package Co.

CROSS, Judge.

Appellants, the Estate of Frank W. Stud-still, The Studstill Co. and Hazel Studstill, appeal a final judgment entered in favor of claimants, Mead Containers, Inc., and B. D. Cole, Inc., in a receivership action wherein it was determined that Mead Containers, Inc., and B. D. Cole, Inc., were entitled to a preference or priority for payment as creditors.

This action arose upon the filing of a complaint on October 27, 1964, by the American Package Company, Corbett Package Company and the Kilgore Seed Company, creditors of Frank W. Studstill Co., Inc., Wauchula Packing Co., and…