Glassburn v. Lakeland Development Co.

WESTHUES, Presiding Judge.

Plaintiffs in this case as creditors and stockholders of the defendant Lakeland Development Company, Inc., filed this suit to have a receiver appointed for the corpora*642tion and for liquidation. The main assets-of the corporation consisted of about 1,700 acres of land in Miller County, Missouri, situated northeast of the Lake of the Ozarlcs near the Dam. The defendant hied-an answer and a counterclaim. In Count I, it asked for foreclosure of a deed of trust securing a note executed by plaintiffs. In Count II, the defendant asked that a deed be set aside whereby the…