Watkins v. Sweeney

This is the second action to come before this court involving the receivership of Northern Manufacturing Company, Inc. (hereinafter called “Northern”), a corporation engaged in manufacturing electrically operated hot water heaters. The first action was commenced by the present respondent (receiver) for the purpose of recovering alleged preferential payments made by the insolvent Northern to a copartnership, Thrifty Supply Company (hereinafter called “Thrifty”), comprised of the present appellant Gorlick, and others. On appeal, the judgment of the trial court dismissing that action was…