Cox v. Snow

This action was instituted on facts stipulated under C. S., secs. 7305-7307, providing for the submission of a controversy without action, to determine: the right of the receiver, one of the respondents, to issue receiver’s certificates for the purpose of paying unsecured debts of the corporation contracted prior to the receivership ; the extent of the lien of such certificates; and their relative priority.

The respondent is an Idaho mining corporation, owning property in Adams county, Idaho, and ninety-nine and one-half per cent of the capital stock of the Idaho Copper Corporation which has…