Plantations Industrial Supply v. Ward C. Cramer Associates, Inc.

On October 24, 1968, on the petition of Plantations Industrial Supply of Rhode Island, Ward C. Cramer Associates, Inc. was placed in receivership. Upon submission of his final report, the receiver requested the Superior Court to establish a priority of payment between an Internal Revenue claim and a claim for unpaid employee . wages, both unsecured. The federal government claims amounted to $4,585.50, and the wage claims amounted to $1,152.74, while the amount remaining for disbursement totaled only $4,606.98. The court below awarded priority of claims to the wage earners with the remainder…