Cressler v. Tri-State Loan & Trust Co.
Indiana Supreme Court
From Allen Cirenit Conrt; Sol A. Wood, Special Judge. Action by George H. Cressler for tbe appointment of a receiver for the Kerr Murray Manufacturing Company. Prom orders entered after a decree for sale of the assets by the Tri-State Loan and Trust Company as receiver, the plaintiff appeals.
1Opinion of the CourtMyers, J.
On May 27, 1912, appellant as a stockholder therein instituted an action in the Allen Circuit Court against the Kerr Murray Manufacturing Company for the appointment of a receiver for the corporation of its assets as Veil as to prevent their waste should creditors bring suit then threatened, and levy executions on its property and bring about sales of its property at prices below its value. Insolvency was not alleged, but it was alleged that the company was indebted by mortgage for $250,000, and other large sums of money, and was unable to meet its obligations as they came due. The prayer of…
2Cases cited6 opinions
- Lawson v. DeBoltIndiana Supreme Court · 1881
- Davis v. CampbellIndiana Supreme Court · 1859
- Holmes v. TaylorIndiana Supreme Court · 1874
- Indiana Central Railway Co. v. BradleyIndiana Supreme Court · 1860
- Orr v. OwensIndiana Supreme Court · 1891
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- United States Construction Co. v. Hamilton National BankIndiana Court of Appeals · 1920
- Chapman v. Schiller, JudgeUtah Supreme Court · 1938
- J. H. Day Co. v. Public Savings Insurance Co. of AmericaIndiana Court of Appeals · 1926