State ex rel. Petty v. Superior Court

Relators, Petty and Shoopman, at the time of the institution against them of the suit below were operating a tool rental store in association as partners in a shopping center in Indianapolis. According to the complaint and evidence heard on application of the plaintiff for appointment of a receiver in that suit, relators were in default upon their lease agreement and their franchise agreement, the business was insolvent, and a total liquidation sale of the assets of the business had been arranged by relators to take place at the store. The plaintiff in that suit is the licensor of their…