Rhode Island Hospital Trust Co. v. Rhode Island Covering Co.
Supreme Court of Rhode Island
1Opinion of the CourtRoberts, J.
This is a motion for the payment of proceeds of security brought by a secured creditor in a statutory proceeding for dissolution of a domestic corporation. The motion was heard by a justice of the superior court, who thereupon entered a decree directing the coreceivers to pay to the moving creditor certain funds that had been received by them in the course of their administration of the receivership. From the decree certain unsecured creditors of the corporation have taken this appeal.
It appears from the record that the Rhode Island Hospital Trust Company, hereinafter referred to as the bank,…
2Cases cited7 opinions
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