M. H. Hussey Lumber Co. v. Puget Sound Saw Mills & Shingle Co.

NETERER, District Judge.

The trustee for the bondholders prays permission to sue the receiver in foreclosure of the trust deed upon defendant’s property.

The appointment of a temporary receiver at the suit of the plaintiff, M. H. Hussey Lumber Company, claiming indebtedness in excess of $300,000, upon consent of the defendant, Puget Sound Saw Mills & Shingle Company, was made to conserve the property, and did prevent the removal and severance from the mill plant of a 1,600 KW, 3-phase, 480-volt Allis-Chalmers Turbo generator and equipment connected with it, having a value in excess of $23,000…