Mueller v. Sloan

Russell T. Mueller filed a complaint in equity to require George M. Sloan to execute a lease, for directions to a trustee and liquidation of the assets of a trust. Each of the individuals owned 50% of the stock of Styline Homes, Inc. In a counterclaim Sloan sought appointment of a receiver, dissolution, liquidation and the sale of the assets of the corporation under See 86 of the Business Corporation Act. At Sloan’s request Harold F. Tolkuehn was appointed Liquidating Receiver for the corporation pursuant to that Act. The court authorized the receiver to employ Mural J. Winstin as his…