Del-Mar-Va Hardware Corp. v. Boss Manufacturing Co.

The appeal is by a corporation from an order overruling a demurrer to a bill seeking the appointment of receivers (pursuant to the right of appeal in such case given by Code (1957), Art. 5, Sec. 7 (d)) and from the subsequent order appointing receivers.

The bill filed May 7, 1962, alleges that the complainants are creditors of the corporation, which “for considerable time in the past has been unable to pay its debts in the ordinary course of business.” 1 It alleges further that the corporation’s directors are attempting to liquidate it and that the complainants believe the interests of…