Deputy v. Delmar Lumber Manufacturing Co.
Court of Chancery of Delaware
Statement of the Case. After the appointment by this court of receivers for the Delmar Lumber Manufacturing Company, a trustee in bankruptcy for the company was appointed in the District Court of the United States for the District of Delaware, and upon petition the receivers were directed to turn over the assets of the company, exclusive of cash in their hands, to said trustee and to file in this court a report of their proceedings under the order of their appointment and an…
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Statement of the Case. After the appointment by this court of receivers for the Delmar Lumber Manufacturing Company, a trustee in bankruptcy for the company was appointed in the District Court of the United States for the District of Delaware, and upon petition the receivers were directed to turn over the assets of the company, exclusive of cash in their hands, to said trustee and to file in this court a report of their proceedings under the order of their appointment and an account of their receipts and disbursements. In the report filed the receivers prayed allowances for their services,…
1Opinion of the Court
The Chancellor.
The report of the receivers and the prayers for allowances for their services and for services of counsel have been presented, and there are objections, first, to allowances to the receivers for expenses; second, against allowing them the amount of compensation asked; and, third, to the amount of compensation asked for their counsel.
First, as to expenses: These objections are not well founded. The receivers have presented itemized statements and vouchers for every item of expense, especially for traveling expenses, and while they are large in amount they do not seem to be too…
2Cases cited5 opinions
- Chable v. Nicaragua Canal Constr. Co.U.S. Circuit Court for the District of Southern New York · 1894
- Central Trust Co. of New York v. Cincinnati, J. & M. Ry. Co.U.S. Circuit Court for the District of Northern Ohio · 1892
- Northern Alabama Ry. Co. v. HopkinsCourt of Appeals for the Fifth Circuit · 1898
- Central Trust Co. v. Wabash, St. L. & P. Ry. Co.U.S. Circuit Court for the District of Eastern Missouri · 1885
- Clarke v. Central Railroad & BankingU.S. Circuit Court for the Southern District of Georgia · 1893
3Cited by4 opinions
- Coskery v. Roberts & Mander Corp.Court of Appeals for the Third Circuit · 1952
- King v. Premo & King, Inc.Supreme Court of North Carolina · 1963
- McGlinn v. Wilson Line, Inc.Court of Chancery of Delaware · 1934
- State ex rel. Attorney-General v. Associated Packing Co.Supreme Court of Iowa · 1923