J.E. Akers Co. v. Advertising Unlimited, Inc.

The opinion of the court was delivered by

Davis, J.:

The court appointed a receiver for J.E. Alters Co., Inc. (J.E. Akers), a dissolved Kansas corporation. The receiver sought and the court granted authority under K.S.A. 17-6907 to sell corporate realty with improvements clear of encumbrances, including two judgment hens owned by the appellants, Advertising Unlimited, Inc. (Advertising Unlimited) and McCleery-Cummings Company, Inc. (McCleery-Cummings). K.S.A. 17-6907 permits such sale where, among other statutory requirements, “the validity, extent or legality of any such hen is disputed or…