Martin v. Dyer-Kane Co.
Supreme Court of New Jersey
“The receivers of Dyer-Kane Company, an insolvent corporation, ask the court to approve their final account, to fix their compensation and the compensation of their counsel, and to direct a distribution of the balance remaining in their hands. They have allowed as a preferred claim $1,000 for two months’ wages due to Edward E. Dyer.
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“The receivers of Dyer-Kane Company, an insolvent corporation, ask the court to approve their final account, to fix their compensation and the compensation of their counsel, and to direct a distribution of the balance remaining in their hands. They have allowed as a preferred claim $1,000 for two months’ wages due to Edward E. Dyer. Mr. Dyer was one of the principal stockholders of the insolvent company, a member of its board of directors, and its president and general manager. I do not understand that the last two offices were distinct and separate; rather, that Mr. Dyer held the office of…
1Opinion of the Court
Pee Cueiam.
The decree appealed from will be affirmed, for the reasons stated in the opinion delivered by Vice-Chancellor Bigelow in the court of chancery.
For affirmance — The Chiee-Justice, Teenchaed, Paexee, Lloyd, Case, Bodine, Donges, Hehee, Van Buskiek, Kays, Heteield, Deae, Wells, Dill, JJ. 14.
For reversal — None.
2Cited by3 opinions
- Nigro v. FlinnSuperior Court of Delaware · 1937
- Transcon Lines v. Lipo Chem., Inc.New Jersey Superior Court Appellate Division · 1983
- In Re WilliamsNew Jersey Court of Chancery · 1935