Saetre v. Chandler

VAN VALKENBURGH, Circuit Judge.

January 23, 1929, in the District Court of the United States for the District of Minnesota, receivers were appointed for the Diamond Motor Parts Company at the suit of F. E. Satterlee Company, a creditor. The receivers originally appointed were M. D. Chandler, appellee herein,- F. E. Satterlee, and E. J. Smith. Subsequently Satterlee and Smith resigned and were discharged, leaving appellee Chandler as sole receiver. July 9, 1931, Receiver Chandler.filed in the receivership suit a petition for order assessing stockholders. This petition of the receiver was…