Blanchard Bro. & Lane v. S. G. Gay Co.

Appellant, a corporation, on behalf of itself and all other creditors of the S. G. Gay Company, filed a bill in chancery in the circuit court of LaSalle county May 9, 1918, under section 25 of the Corporation act, praying for the .appointment of a receiver for the Gay Company, an accounting against the several parties defendant, the dissolution of - the corporation and the fixing of stockholders’ liability. The Ottawa Banking and Trust Company answered the bill. The Eirst National Bank of Ottawa, the Eirst Trust Company of Ottawa, and Fred A. Hatheway and Charles C. Wilcox, jointly, filed a…